The CME Group, the world’s largest derivatives exchange, has hired a liaison to the hedge fund industry as it prepares to launch an electronic credit derivatives market and clearing facility.
The Chicago Mercantile Exchange operator has named Mark Thompson director for hedge funds. He will focus on East Coast hedge funds, operating out of New York, seeking to develop the firm’s hedge fund business across all of its product lines.
Thompson most recently worked at UBS Securities, where he was a member of the macro/cross asset team. He has also spent time at hedge fund Moore Capital Management and Banque Paribas.
Genna GarverBy Genna Garver, John Brunjes, and Cheri Hoff of Bracewell & Giuliani -- On Oct. 27 the Private Fund Investment Advisers Registration Act of 2009 (H.R. 3818) moved one step closer to becoming law with the 67-1 approval of the U.S. House of Representatives Committee on Financial Services (the "Bill"). More...
Investors this week announced the formation of NewWorld Capital Group, a private equity firm that will invest in middle-market companies and related infrastructure projects in the cleantech sphere. More...