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).
FTI Consulting in Cayman has launched FTI Capital Management, a revolutionary new service focused on dealing with wind downs of investment funds designed to help investment funds sell remaining investments and return money to their investors.
Ogier in the Cayman Islands has promoted a funds specialist and a finance lawyer to partner.
Mourant Governance Services has appointed Andrew Millar as its new head of corporate services in the Cayman Islands.
The private equity sector is poised to enter a ‘third wave of innovation’ driven by the Internet of Things (IoT), the founders of a new venture designed to support funds and investors in this sector has claimed.
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.
The Cayman Islands Monetary Authority (CIMA) has released a public advisory on virtual currencies to warn of the risks associated with investments in initial coin offerings (ICOs) and virtual currencies and which set out some of the red flags potential investors should look out for to help identify potentially fraudulent ICOs.
Representatives from the Cayman Enterprise City (CEC), a special economic zone in the Cayman Islands, represented the Cayman Islands and its offering in this sphere alongside world leaders in cryptocurrency, government, capital markets, and technology at the World Tokenomic Forum Annual Summit of Members in May.
Cayman Finance has stressed that Cayman’s existing verified ownership regime remains superior to that of the UK in a response to a vote by the UK House of Commons to amend the proposed Sanctions and Anti-Money Laundering Bill to require public ownership registers in the Cayman Islands and other British Overseas Territories by December 2020.
Carey Olsen has appointed Matthew Crawford as a consultant in its Cayman Islands dispute resolution and insolvency practice.