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Lehman Brothers Names Head Fund-Of-Funds Business

Lehman Brothers Holdings Inc. named Randall S. Yanker as a Managing Director and Chief Executive Officer of Lehman Brothers Alternative Investment Management LLC, the Firm's fund of funds business. Lehman Brothers Alternative Investment Management is a joint venture between the

First Results of Hedge Fund Transparency Study Published

The Alternative Investment Management Association (AIMA) has commissioned Capital Market Risk Advisors, Inc. (CMRA) to conduct AIMA's first comprehensive review of fund of funds investing due for release by Summer 2002. As part of this project, a series of surveys

Tremont Advisers to Focuse On Hedge Fund Products

KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different

CSFB Counts Cost of Settling SEC IPO Investigations

KAS BANK clearing specialist on Euronext Paris KAS BANK is the first General Clearing Member of Euronext that is able to provide clients of the three underlying Euronext exchanges with its services from one portal instead of from three different

KBC to Launch New Convertible Opportunities Fund

PFPC has won the mandate to service the new KBC fund a Convertible Opportunities Fund, open to investors from 1st February 2002. The fund builds on the success of the KBC Convertible Arbitrage Fund launched last year, which earned the

Man Builds its Man AP Product Family

Man Investment Products, an international alternative investment manager and part of Man Group plc, is soon to launch its latest capital guaranteed structured product. Man AP Strategic Series 1 Ltd (Man AP Strategic), which will be available in both US$

Hedge Fund Sues JP Morgan on $4 mln Swap Deal

New York based hedge fund HBK Investments has filed suit against JP Morgan in the Southern District Court of New York, demanding payment on a $4 million credit default swap contract. A Dow Jones report said that at stake in

Deutsche Bank In Alliance With Eze Castle Integration

Deutsche Bank's Equity Prime Services division announced that it has formed a strategic alliance with Eze Castle Integration to provide technology consulting and IT support to its hedge fund clients. Under the agreement, Deutsche Bank clients will receive dedicated servicing