Diversity in the funds industry must improve: CAIS20
Many studies show that funds with more cognitive diversity perform better.
Estera to be merged with Ocorian following Inflexion PR deal
Inflexion Private Equity has backed a deal that will mean the acquisition of Estera, a global provider of funds, corporate and trust services, from Bridgepoint. Following completion of the investment, Estera will be merged with Inflexion’s existing portfolio company Ocorian.
Cayman court redemption ruling puts documents before industry practice
The issue of how redemptions by a feeder fund from a master fund are treated in a liquidation scenario has prompted a great deal of discussion in the Cayman Islands, after a notable ruling from the Grand Court of the Cayman Islands, the world's biggest offshore fund centre, write Ronan Guilfoyle and Casey McDonald from fund governance firm Calderwood.
Senior associate promotions at Ogier in Cayman
Ogier has promoted funds and corporate specialists Sophia Leavett and Praajakta Pargaonkar to senior associate in its Cayman team.
GRADA selects Titan for cryptocurrencies and ICOs
GRADA Tokenized Fund Administration (GTFA), a subsidiary of Global Risk and Data Authority, has selected the Titan Platform, delivered by Advanced Alternative Investment Systems, to service managers working on cryptocurrencies and initial coin offerings (ICOs).
Paradigm Governance hires fund specialist from MUFG
Paradigm Governance Partners, which offers independent director services, distressed fund and value recovery services, family office outsourced financial reporting services and AML compliance services, has hired an experienced funds specialist from MUFG Investor Services.
Harneys boosts Cayman practice with multiple promotions
Harneys unveiled a number of promotions to create five new partners and two new directors in the Cayman Islands, Cyprus and Hong Kong offices.
Hedge funds allocate $59bn to responsible investment globally
Hedge funds globally have allocated at least $59 billion to responsible investment (RI), according to a survey by the Alternative Investment Management Association (AIMA), the global representative of the alternative investment industry, and the Cayman Alternative Investment Summit (CAIS).
Mourant Governance Services appoints new head of corporate
Mourant Governance Services has appointed Andrew Millar as its new head of corporate services in the Cayman Islands.
AIMA sets out vision for future of hedge funds
Some of the most senior men and women in the global hedge fund industry have put forward their collective vision of the hedge fund firm of the future in a major new report published today by the Alternative Investment Management Association (AIMA), the global representative of alternative investment managers.