Hedge fund administrator Spectrum Global Fund Administration has named its chief administrative officer and general counsel, Carol Burke, its CEO. Burke replaces former CEO and founder Michael Griffin, who now sports the title of executive chairman.
Griffin founded Spectrum in 1998. The firm currently serves some 150 funds and 40 legal entities with approximately $20 billion in assets under administration.
Gabriel KurlandBy Gabriel Kurland: On November 12, 2009, the U.K.’s Serious Fraud Office (“SFO”), an independent government department that investigates and prosecutes fraud and corruption cases, announced that it is probing the London-based, Dynamic Decisions Capital Management Ltd., after the matter was referred to it by the Financial Services Authority. More...
According to a survey of 300 executives by Ernst & Young, the world’s biggest companies are poised to increase spending cleantech solutions. More...