Wednesday, 17 December 2014
Last updated 11 hours ago
Nov 29 2006 | 10:30am ET
Gerard van Vliet, founder of Rotterdam, Netherlands-based Transtrend BV, a commodity trading advisor, is leaving his post in Q1 2007. Transtrend and Robeco, a Rotterdam-based asset management firm, struck a deal four years ago whereby Robeco would acquire 49% of the firm from van Vliet with the agreement to purchase the remaining shares in early 2007. Post acquisition, Transtrend will remain an independent firm with its own infrastructure but Robeco will have control over the firm’s compliance and reporting policies.
Van Vliet says he has no intention of managing third-party capital anymore and wants to dedicate his time to an unnamed philanthropic foundation where he serves as chairman. However, he will most remain one of Transtrend's large client-investors for “many years to come.”
Transtrend, which has been registered as a CTA and CPO since 1994, currently manages some $3 billion in assets.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.