Topic: hedge funds
Budget surplus?
Cayman either has a $12 million projected operating surplus, or a $61 million budget deficit - it just depends on how you look at it.
Caledonian acquired by local firm
International financial services firm, The Caledonian Group, announced that it has been acquired by New World Holdings Inc. a privately held investment company in the Cayman Islands.
Hedge fund, firm registrations rebound in numbers in 2011
The total number of investment funds registered in the Cayman Islands has increased to 9,409 in the second quarter of 2011 after declining in the previous six months.
KPMG receives HFMWeek award
KPMG has been named the best hedge funds audit services firm by HFMWeek.
Premier: UK green-lights budget
UK approval has been received and Cayman's budget now awaits final passage.
Lawyer enjoying Hong Kong
With offices spread throughout the Caribbean, Europe, Asia, the Middle East, and recently North America, the Maples Group provides great opportunities to work in places all over the world. The firm’s global reach not only brings a lawyer closer to his or her client, wherever that may be, it also opens the door to new areas for growth and development.
Editorial for June 13, 2011: Anxious for budget details
Budget address leaves out needed details.
Budget surplus, premier tells LA
The Premier says Cayman is back in the money – but just barely.
Hedge funds to be taxed, regulated
The Cayman Islands government will introduce a relatively small yearly
fee for certain "master fund" hedge funds that are registered in the country in its upcoming
budget.
Award for Mourant Ozannes
Mourant Ozannes has been named ‘Best Offshore Law Firm - Client Service’ at the HFMWeek European Hedge Fund Services Awards 2011.
Citigroup’s hedge-fund returns jump as Volcker rule looms
Citigroup Inc., which took a $45 billion U.S. bailout after losses on subprime home loans, is boosting profits from a hedge fund that bets the bank’s money on mortgage debt -- a practice regulators plan to restrict.
Goldman Sachs said to ready Blackstone Challenge for hedge-fund startups
Goldman
Sachs Group Inc. (GS) is seeking money to bankroll fledgling hedge funds,
its second attempt since 2008 to break into a business now dominated by Blackstone
Group LP (BX), according to three people with knowledge of the plan.
Hedge Funds Rose 1.4% in April
Hedge funds climbed 1.4
percent in April to the highest level in almost three years as stock markets
rallied
Former AG is Cayman Finance chairman
Richard Coles has been elected as the new chairman of Cayman Finance.
Dms Management sets up subsidiary office in Brazil
Fund governance firm dms Management Ltd continues to expand its global presence with the opening of an office in São Paulo, Brazil.
Former AG is new Cayman Finance chairman
Richard Coles has been elected as the new chairman of Cayman Finance.
Ambassadors in the making
A class of 27 students year 2 and year 3 law students from Chicago’s DePaul University visited the Cayman Islands as part of their studies last week.
Madoff says government is a Ponzi scheme
Wall Street seindler Bernard Madoff attacks the federal government and new regulations designed to control financial institutions.
Apex Fund Services opens office here
Apex Fund Services, the world’s largest independent global fund administration business, has opened an office in the Cayman Islands.
US offers second tax amnesty
US taxpayers who maintain undeclared offshore accounts will get another opportunity to disclose them to US authorities without facing criminal prosecution, the Internal Revenue Service announced last week.
New twist in Galleon insider trader investigation
A principal defendant in the
Galleon hedge fund insider trading investigation pleads guilty to criminal
charges.
Hedge Fund group opening in Cayman
The Hedge Fund Association announced that it will launch a chapter in the Cayman Islands.
Mourant Ozannes expands team
Law firm Mourant Ozannes has recruited Simon Palmer as partner and associcate Adam Bathgate to its Cayman investment funds team.
