Quantitative hedge fund shop Quant Capital is adding to its stable of computer-heavy investment programs.

Credit Suisse is set to boost its prime brokerage business in Asia, and has hired a former Goldman Sachs executive to join its capital introduction team.

Seeking to drum up more business from institutional investors, Citadel Investment Group has hired a top pension fund consultant.

Prime Capital has added a well-regarded hedge fund expert as a strategist to build its alternative investments business.

There is a new prime brokerage player in town. Proprietary trading firm First New York Securities has formed a new unit aimed at servicing asset management firms.

Impending hedge fund regulation in Europe is already leading to an uptick in funds domiciled within the European Union. And Citigroup will be there to service them.

Backstop Solutions Group, a software firm that caters to the alternative asset management community, has hired Geoff Surkamer to lead the firm's global sales and marketing efforts.

The Managed Funds Association, an industry group that represent that alternative investment community, is launching an initiative to gather information from hedge funds, funds of funds and managed futures funds for use in its industry education and advocacy efforts.

Broker dealer Lighthouse Financial has formed an investment partnership with Angad Paul, CEO of Caparo plc, a $1.2 billion global association of businesses.

With its eyes on a bigger slice of the currencies-trading pie, BNP Paribas has joined a trading platform targeted at hedge funds.