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Lussan, the law firm associated with hedge fund consultancy Laven Partners, has changed its name to Laven Legal Services, bringing all the Laven group companies under one common brand.
NB Private Equity Partners’ estimated net asset value per share was USD8.33 at 30 April 2009, representing an increase of 1.6 per cent from the NAV per share of USD8.20 at 31 December 2
Rock Hill Capital Group, a Houston-based private equity firm, has completed the acquisition and recapitalization of SouthWaste Services.
International law firm McDermott Will & Emery has appointed Laurence R. Bronska and Andrew W. McCune as partners in the corporate department based in the Chicago office.
ConJoin Group, an investment and management consulting firm, has appointed two sales executives to lead business development in North America.
Never mind the noise in the U.S., U.K., and Europe about offshore jurisdictions and the economic turmoil, Bermuda continues to seek and unearth business opportunities.
The British territory, located in the North Atlantic Ocean, is looking to capture whatever it can of the slimmed-down ranks of fund-startups. Bermuda International Business Association, better known as BIBA, is campaigning actively on the global conference circuit, and, according to local market participants, the financial tsunami has not impacted the overall economy, although it has had an impact on locally-domiciled funds, similar to the experience in other funds jurisdictions.
The NAV of Bermuda-domiciled funds
The last nine months have been extremely challenging for hedge funds around the globe.
As hedge funds grapple with investor calls for greater transparency, an unlikely beneficiary has been the fund administration industry that was otherwise braced for a downturn amid declining assets
Bermuda has weathered the global capital markets storm well, thanks to the vigilance of its government and regulators.
Advantage Capital Partners has provided USD7m in financing to Renaissance Financial, a financial advisory service firm headquartered in St.
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