Thursday, 26 November 2015
Last updated 10 hours ago
Oct 24 2013 | 9:37am ET
Hedge fund technology services firm Abacus Group is expanding to a center for the energy hedge fund sector.
The New York-based company has opened an office in Dallas. Abacus said the move was prompted by the growth of its client base in the region; the company has added 57 new clients this year, it said.
"Firms are increasingly looking to outsourced services to access more robust business and compliance technology at a lower price point," business development director Jason Elmer said. "Expanding into growing financial markets such as Dallas is a significant step for Abacus as we are now better positioned to deliver value to the fund management community in this region."
The Dallas office is Abacus' fourth; the company also has bases in Greenwich, Conn., and San Francisco.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…