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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.

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