Thursday, 21 August 2014
Last updated 2 hours ago
Mar 2 2010 | 3:15am ET
Young hedge fund Saka Capital is boosting its governance bonafides.
The Singapore-based credit shop, which was founded last summer, has hired Carne Global Financial Services to provide directorship services. Peter Heaps, managing director of Carne Cayman Islands, where Saka’s Liquid Credit Fund is domiciled, has joined the fund’s board as a non-executive director.
“We recognize the importance of having robust corporate governance systems in place while delivering strong performance for our investors. Both are now essential in today’s competitive landscape,” Saka founder Assan Din said. “Carne is a well-known adviser in this field and is closely aligned with our objectives for satisfying investors’ requirements.”
Din is a co-founder of R3 Capital Management, the credit hedge fund acquired by BlackRock last year. He ran Lehman Brothers’ credit-trading business in Europe and Asia until 2006.
Saka focuses on corporate bonds and derivatives in Asia.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note