Sunday, 31 August 2014
Last updated 1 day ago
Dec 20 2012 | 9:40am ET
Sweden's largest hedge fund manager has picked Citigroup to serve as prime broker for its new US$500 million vehicle.
Citi will provide prime, custody and depositary services to Carve Capital, Brummer & Partner's newly-launched hedge fund investing in U.S. and European stocks and bonds.
“We are delighted to appoint Citi for our new Carve funds,” said Peter Thelin, CEO and Portfolio Manager at Carve Capital. “Citi’s local presence, proprietary global sub-custody network and its ability to offer a multi prime brokerage model for Swedish investment funds, putting Sweden in line with the rest of Europe, have been important factors in our decision.”
”We are delighted to be chosen as prime broker for the Carve fund,” said Mark Harrison, European head of prime finance at Citi. ”In bringing together our Swedish depositary and our global prime finance business, we have created a compelling and integrated offering allowing the Swedish onshore hedge fund community to benefit from Citi’s multi prime brokerage model.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...