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Showing 11 - 20 of 40 results for "Cayman Islands"

James Murdoch launches SPAC

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... and Exchange Commission describe Seven Islands as a $300 million blank cheque company, newly incorporated in the Cayman Islands. It hasn't selected any business combination target yet or initiated any substantive discussions on acquisitions. In its initial ...

Channel Capital hires from AMP Capital

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
... Mellon Investments, Des Mac Intyre, to start a new funds management incubator based in New York. It also started a Cayman Islands business, hiring Mark Cook, an Australian based there since 2005. Channel was started in 2013, and now has 30 employees. ...

Channel starts US business, taps Mellon chief

KANIKA SOOD  |  TUESDAY, 2 MAR 2021
... billion in total assets. The US business is its second foray overseas. Last month, it announced the launch of a Cayman Islands subsidiary. BNY Mellon Investment Management (parent of Mellon Investments) last month announced it would transition Mellon ...

Channel Capital expands overseas

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
The $16 billion Sydney multi-boutique has launched a Cayman Islands based offshore business, with a new on-the-ground head. Channel Capital Cayman will be headed by Mark Cook, a director for Cayman Islands and other offshore investment funds. The business ...

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
... 74% to total revenue. The Australian custody division's FUA grew 67% to $16.4 billion. The Americas (US and Cayman Islands) accounted for 20% of revenue, while Europe (Ireland, the Isle of Man and Malta) contributed 6%. Mainstream invested $5.9 million ...

Global manager rolls out local access to alternatives fund

HARRISON WORLEY  |  WEDNESDAY, 3 JUN 2020
... Bill Index after management fees, and subject to a high watermark. Currently run as a hedge fund domiciled in the Cayman Islands, the fund is run by a team of portfolio managers spread across the UK, US and Australia who manage around USD$11.6 billion ...

Blockchain startup raises $68m, ordered to return funds

ALLY SELBY  |  FRIDAY, 21 FEB 2020
... digital coins (called ENG Tokens) to almost 6,000 people in 2017. Enigma issued the tokens to investors through its Cayman Islands-based subsidiary, Enigma ENG International and paid promoters "to tout Enigma as a good investment opportunity" on blog ...

Adviser cops 262 month jail sentence

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2019
... personal expenses. At the same time Thomas failed to pay income taxes for two decades, using offshore entities in the Cayman Islands and British Virgin Islands to conceal his income. He also hired locals in the area to act as his nominee in numerous ...

Industry names team up for cryptocurrency fund

JAMIE WILLIAMSON  |  THURSDAY, 21 DEC 2017
... new, emerging asset class of blockchain-based technologies, according to Hatfield. Based and registered in the Cayman Islands, the actively traded cryptocurrency and initial coin offering fund is aiming to raise $50 million in the next 12 months. The ...

Hedge fund sector flourishing: Report

KARREN VERGARA  |  TUESDAY, 28 NOV 2017
... assets under management rose 24% to US $3.2 trillion at the end of September 2016. For hedge fund managers, the Cayman Islands (53%) remains the domicile of choice, followed by the US (29%), Ireland (6%), British Virgin Islands (5%) and Luxembourg (4%). ...