Azania Patel

TOP STORY: TCI Fund Management Limited, the $60bn London-headquartered hedge find firm found by Chris Hohn, has established a presence in the United Arab Emirates with the opening of an office in Abu Dhabi.

True North, an India headquartered private equity fund has raised $120m for a private credit fund, according to a report by Reuters.

Irradiant Partners, an alternative investment manager with over $10bn in assets under management, announced the closing of $411m in commitments on the third vintage of the Irradiant CLO equity strategy.

TOP STORY: Despite investors limiting their exposure to the Chinese market, computer based funds still see plenty of opportunity in China, according to a report by The Financial Times.

Inclusive Capital Partners, the fund founded by Jeff Uben, is closing down after a three year run. The activist investor has decided to close down the firm after it struggled to raise new cash, according to a report by Reuters.

Ogier’s corporate, fiduciary and fund administration services business Ogier Global has appointed David Fowler as European Head of Fund Administration, as the business continues to expand its broad range of services for international fund managers.

3iQ Digital Assets has announced a significant advancement in the digital asset management space. The company has launched the industry's first comprehensive suite of crypto hedge fund managed accounts through the 3iQ Managed Account Platform (QMAP). The platform will launch with $50m of capital from 3iQ and institutional investors.

Private equity firm RRJ Capital, which was founded by former Goldman Sachs Group Inc banker Richard Ong, is seeking to raise up to $2bn for a new fund that will focus on private credit investments in Asia, according to a report by Bloomberg.

Amid a period of rapid growth in credit and private debt investment strategies, BNY Mellon has established a position as a key partner to fund managers who have had little time to standardise, invest in technology, and automate manual processes. Megan Gentilesco, the company’s Global Head of Private Equity and Credit Fund Services, chats to Hedgeweek about some of the current challenges and opportunities in the space…

If I'd had a shot for every time he said ‘Just Stop Oil’, I'd probably have been drunk enough to join the next orange paint march.