Hints and tips:
...“It’s becoming a more interesting space, we see ourselves addressing that through feeder funds into the main funds we raise or through direct strategies that we can make available,” Fred Watt, a partner...
...Tuna Trading Ltd. with a very respectable 44.5 and 42 points each....
...“This company did not even have a CFO,” said Shriram Subramanian, managing director of governance advisory firm InGovern....
...Consequently, we are neither aware nor required to be aware of their ‘source of funds’....
...CBTC is a feeder fund that buys units in the $1.1bn Purpose Bitcoin ETF (BTCC), which listed in Toronto in February 2020. In contrast, EBTC and EETH invest directly in the underlying securities....
...interests in both funds that may be some of the estate’s most valuable collateral....
...“There was no corporate services team, no real general counsel team, no real back office, middle office, no clear CFO, all these were missing....
...Last year, a workers’ co-operative in Lille invested €1.5mn in a couple of structured products on the advice of a Paris broker who claimed to be doing it for free....
...Point Investors Ltd....
...A spat has been rumbling for some time over a valuation discount between the main fund and the London-listed feeder fund....
...Email us at citybulletin@ft.com Briefly An activist fight at Third Point’s London-listed feeder fund appears to have escalated....
...Prometheon, which owed about £231m to its lenders including Indian banks, had only £1,900 in its bank account....
...The Internet of (Five) Things 1....
...Paravicini is CFO of agricultural commodities and brokerage group ED & F Man....
...respective of Star 50 ETF and feeder fund strategies, according to separate announcements made by the firms....
...for hedge fund protégé Gabe Plotkin (FT)...
...Still, most merger arb funds are only up low single-digits in 2020, including the popular Merger Fund which is publicly traded....
...He joins the group on June 1. Car dealer Inchcape has a new chief executive. Duncan Tait will join the board as chief executive designate from June 1 and take up his full role on July 1....
...Aston Martin’s shares were priced at £19 in an October IPO that valued the company at £4.3bn and raised £1.1bn for existing shareholders including InvestIndustrial and the Kuwaiti funds Adeem Investments...
...Gatwick has paid £1.3bn in dividends since its sale in 2009, and has had operating cash flow of £2.5bn over the same period....
...Marlene Timberlake D’Adamo, the interim CFO, will return to her role as chief compliance officer for Calpers....
...Europe’s largest fund manager, Amundi , has its HQ in France and does not expect to change how it services clients. Its funds are available to UK investors via Sicav feeders....
...More than a dozen firms have since placed firm bids for the asset management platform, Abraaj Investment Management Ltd, or individual funds managed by the troubled group....
...The latest restructuring comes after the Co-op Bank was salvaged in 2013 by hedge funds after the lender revealed a £1.5bn capital shortfall....
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