Hedge fund

Aksia to Acquire TorreyCove Capital Partners

Retrieved on: 
Wednesday, January 8, 2020
Consulting, Professional services, Finance, Finance, Money, Economy, Alternative investment management companies, Hedge fund, Private equity, Virtus Investment Partners, XMS Capital Partners, Aksia, TorreyCove

Aksia LLC ("Aksia) today announced that it has entered into an agreement to acquire TorreyCove Capital Partners LLC (TorreyCove).

Key Points: 
  • Aksia LLC ("Aksia) today announced that it has entered into an agreement to acquire TorreyCove Capital Partners LLC (TorreyCove).
  • The combination of Aksia and TorreyCove brings together two specialist investment research and advisory firms serving the needs of institutional investors in alternative investments.
  • Aksia specializes in private credit and hedge fund strategies whereas TorreyCove specializes in private equity and real asset strategies.
  • TorreyCoves five Managing Directors will be welcomed as partners of Aksia and assume senior management positions.

Managed Funds Association Names Bryan Corbett President and CEO

Retrieved on: 
Wednesday, January 8, 2020
Finance, Alternative investment management companies, Investment management, Hedge fund, Investment, The Carlyle Group, Managed Funds Association

WASHINGTON, Jan. 8, 2020 /PRNewswire/ -- Managed Funds Association (MFA), the trade association for the global hedge fund industry, today named Washington and alternative investments professional Bryan N. Corbett as its new President and CEO.

Key Points: 
  • WASHINGTON, Jan. 8, 2020 /PRNewswire/ -- Managed Funds Association (MFA), the trade association for the global hedge fund industry, today named Washington and alternative investments professional Bryan N. Corbett as its new President and CEO.
  • Mr. Corbett comes to MFA from The Carlyle Group, a global investment firm, where he was a Partner and Managing Director.
  • For the first five years of his Carlyle tenure, Mr. Corbett managed U.S. government and regulatory issues affecting Carlyle, its investments and the industry.
  • Bryan Corbett said, "Hedge funds are a critical component of the global financial services industry, creating value for investors, including charitable endowments, educational institutions, hospitals, and pension funds.

Pzena Investment Management, Inc. Announces December 31, 2019 Assets Under Management

Retrieved on: 
Tuesday, January 7, 2020
Economy, Communication, Forward-looking statement, Financial risk, Investment management, Management, Hedge fund

Pzena Investment Management, LLC, the firm's operating company, is a value-oriented investment management firm.

Key Points: 
  • Pzena Investment Management, LLC, the firm's operating company, is a value-oriented investment management firm.
  • Founded in 1995, Pzena Investment Management has built a diverse, global client base.
  • More firm and stock information is posted at www.pzena.com.
  • In light of these risks, uncertainties, assumptions, and factors, actual results could differ materially from those expressed or implied in the forward-looking statements.

Greenwich-based Cognivo Shortlisted for Two HFM US Technology Awards 2020

Retrieved on: 
Tuesday, January 7, 2020
Alternative investment management companies, Hedge fund, Finance, Money

GREENWICH, Conn., Jan. 7, 2020 /PRNewswire/ --HFM Global, a world-leading hedge fund manager's association, has announced its short list of nominees for the 2019 US Technology awards.

Key Points: 
  • GREENWICH, Conn., Jan. 7, 2020 /PRNewswire/ --HFM Global, a world-leading hedge fund manager's association, has announced its short list of nominees for the 2019 US Technology awards.
  • Greenwich-based Cognivo was one of a handful of companies to earn multiple nominations from HFM's leading hedge fund industry publication, HFMWeek.
  • This annual US Technology Award seeks to recognize hedge fund products and solutions that have provided exemplary service and innovation for hedge fund management clients.
  • HFM evaluates nominations in 21 categories, ranging from traditional areas like accounting and workflow management, to public cloud management, cybersecurity, and disruptive technology.

OptionMetrics Announces Updates to U.S. Options Database to Address Evolving Markets & Increased Need for Accuracy

Retrieved on: 
Tuesday, January 7, 2020
Technology, Data management, Other Technology, Small business, Professional services, Accounting, Banking, Consulting, Finance, Human resources, Other Professional Services, Mathematical finance, Finance, Money, Economy, Option, Implied volatility, Hedge fund, Volatility, Futures contract, Quantitative analyst

OptionMetrics , an options database and analytics provider for international institutional investors and academic researchers, has made significant updates to its IvyDB US options database, offering even greater accuracy across a broader range of data points.

Key Points: 
  • OptionMetrics , an options database and analytics provider for international institutional investors and academic researchers, has made significant updates to its IvyDB US options database, offering even greater accuracy across a broader range of data points.
  • It enables quants, hedge fund managers, and others to back-test trading strategies, evaluate risk models, and perform sophisticated research on derivatives trading.
  • New updates in IvyDB US 4.0 include:
    Four new fields added to assess stock and indices, including:
    Forward price, the hypothetical delivery price of the underlying asset.
  • A more readily accessible AM and PM settlement indicator, with this information incorporated as part of input in implied volatility calculations.

NAV Fund Administration Group Named a Top CTA Fund Administrator

Retrieved on: 
Tuesday, January 7, 2020
Finance, Money, Economy, Investment management, Institutional investors, Hedge fund, Fund administration, Preqin, NAV

For the fourth year in a row, NAV was included in the report's list of Top Five Fund Administrators servicing CTAs.

Key Points: 
  • For the fourth year in a row, NAV was included in the report's list of Top Five Fund Administrators servicing CTAs.
  • The service provider report also included NAV in its list of Most Utilized Fund Administrators by Hedge Fund Assets under Management.
  • "We are honored that Preqin has acknowledged NAV's success working with our CTA and hedge fund clients," said Nav Gupta, founder and CEO of NAV.
  • NAV Fund Administration Group is a leading, independent administrative services provider to alternative asset managers.

SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS FCAU, PRU, REAL INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

Retrieved on: 
Tuesday, January 7, 2020
Economy, Finance, Money, Institutional investors, Financial markets, Hedge fund, Short, Investor

If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.

Key Points: 
  • If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.
  • KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.
  • KSF serves a variety of clients including public institutional investors, hedge funds, money managers and retail investors in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies.
  • KSF has offices in New York, California and Louisiana.

SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS AFI, PLT, WSG, YJ INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

Retrieved on: 
Tuesday, January 7, 2020
Economy, Finance, Money, Financial markets, Hedge fund, Short, Security, Investor, Initial public offering, Institutional Investor

Class Period: securities issued either in or after the July 2019 Initial Public Offering.

Key Points: 
  • Class Period: securities issued either in or after the July 2019 Initial Public Offering.
  • If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.
  • KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.
  • KSF serves a variety of clients including public institutional investors, hedge funds, money managers and retail investors in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies.

SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS BZUN, MATT, MYL INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

Retrieved on: 
Tuesday, January 7, 2020
Economy, Finance, Money, Institutional investors, Financial markets, Hedge fund, Short, Investor

If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.

Key Points: 
  • If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.
  • KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.
  • KSF serves a variety of clients including public institutional investors, hedge funds, money managers and retail investors in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies.
  • KSF has offices in New York, California and Louisiana.

SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS BAX, CGC, GRUB INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

Retrieved on: 
Tuesday, January 7, 2020
Economy, Finance, Money, Institutional investors, Financial markets, Hedge fund, Short, Investor

If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.

Key Points: 
  • If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.
  • KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.
  • KSF serves a variety of clients including public institutional investors, hedge funds, money managers and retail investors in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies.
  • KSF has offices in New York, California and Louisiana.