Appleby has hired a former partner from Norton Rose Fulbright into its Dispute Resolution practice as a partner.
Escalating compliance costs and the need to hit the ground running with an infrastructure capable of attracting institutional investors are the biggest operational challenges for new fund launches in the current climate.
Thirteen years on from its inception, the GAIM Ops Cayman conference has flourished, despite the financial crisis and years of meagre returns which had left the hedge fund industry questioning its very role in financial markets.
The dichotomy of appealing to a wider population of investors and satisfying the demands of clients that want bespoke products is just part of the challenge for hedge fund managers and was discussed at length on Day One of GAIM Ops Cayman, which is taking place this week at the Ritz-Carlton in Grand Cayman.
The rapid rise of cryptocurrencies and digital assets captivated the agenda at the GAIM Ops Cayman conference, which is taking place this week at the Ritz-Carlton in Grand Cayman.
Cryptocurrency funds and initial coin offerings (ICOs) are exploding in popularity in the Cayman Islands. The GAIM Ops Cayman conference, which is taking place this week at the Ritz-Carlton in Grand Cayman, devoted a significant amount of time on the agenda to this hot market, but for independent directors looking to get comfortable with these funds, there is still a great deal of work to do and some big questions to answer.
It’s not all about performance anymore for hedge funds. For attendees at GAIM Ops Cayman, which is taking place this week at the Ritz-Carlton in Grand Cayman, Environmental Social Governance (ESG) is now one of the hottest topics.
Comply with new anti-money laundering regulations or face penalties - Trident Trust serves a timely reminder to Cayman Funds
Trident Trust, the independent corporate, fiduciary and fund administrator, is reminding Cayman Islands-domiciled funds – including private equity funds – that they could face fines of up to CI$500,000 and, in some cases, imprisonment for two years, if they fail to comply with updated anti-money laundering regulations, which were introduced in October 2017.
Conyers Dill & Pearman has appointed Derek Stenson as a partner in its Cayman Islands Corporate practice.
The Alternative Investment Management Association (AIMA), the global representative of alternative asset managers, has published a position paper entitled ‘Brexit and Alternative Asset Managers: Managing the Impact’.