Ex-Algebris COO Launches Asia Hedge Fund Advisory

May 3 2011 | 4:07am ET

A former top executive at Algebris Investments is offering her expertise to hedge funds looking to expand in Asia.

Maria Gabriela Bianchini helped Algebris establish its Singapore office last year. Now, the hedge fund's former chief operating officer—she left the firm last month—has founded Optionality Consulting in the city-state, seeking to help hedge funds hoping to get a start or grow in the region.

"Managers always need to have performance, but now they also need to have systems, risk management and process," Bianchini told Bloomberg News. "Going forward, the relevant regulatory jurisdiction is not going to be the jurisdiction where the manager sits, but where the investors sit," the former Securities and Exchange Commission lawyer added.

Optionality promises to help clients become "viable candidates" to earn a piece of the huge inflow into Asia-Pacific hedge funds in the coming years. The firm will advise hedge funds on regulatory compliance and will also serve as a sort of outsourced COO.

After leaving the SEC, Bianchini worked at law firm Schulte Roth and Zabel.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.