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| June 17, 2010 |
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| UK Chancellor announces abolition of FSA |
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| "Any development towards better compliance is to be welcomed and this is clearly the ambition of the new government," said Jerome Lussan, CEO of hedge fund consulting firm Laven Partners. "However, the transfer of powers to the Bank of England must not be just for show and must address the true problem of regulation which historically has been the lack of enforcement." To read the entire article, please visit HFM Week. |
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| June 06, 2010 |
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| UCITS catch on with US managers |
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| Laven Legal Services, the legal arm of the Laven group comments on the drive to locate fund management companies within the European Union. Alexandra Tzalla, Solicitor with Laven Legal Services in London and Luxembourg, says: "The regulator does not want you to set up a fund in Luxembourg and then disappear. This may be one of the biggest problems for US managers." To read the full story, please visit the FT. |
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| April 16, 2010 |
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| Weighing up that big move overseas |
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| Jerome Lussan, founder of hedge fund consultants Laven Partners, says that small businesses actually want the high standard of regulation London offers: "Start-ups that we have been talking to have said they want to be well-regulated." To read the entire article, please visit City AM. |
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| April 15, 2010 |
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| Sharp increase in fund managers considering move overseas |
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| Laven Partners comments on the increased number of fund managers seeking advice about relocating out of the UK in 2010. Jerome Lussan says interest has been spurred by the prospect of tighter regulations, tax rises and by the potential threat of the Alternative Investment Fund Managers' Directive. To read the entire article, please visit the International Adviser. |
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| March 24, 2010 |
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| What does FSA raid mean for financial industry? |
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| Laven Partners welcomes the FSA's move to arrest six men on suspicion of being involved in an insider ring. Jerome Lussan, CEO of hedge fund consultancy Laven Partners comments: "These arrests send a strong signal to the City; the FSA's actions show that they are fully committed to seeking criminal convictions for insider dealing." To read the entire article, please visit the Hedge Fund Journal. |
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| March 24, 2010 |
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| Deutsche Bank, Moore Workers Probed on Insider Trades |
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| Jerome Lussan, CEO of hedge fund consultants Laven Partners, talks about the UK's crackdown on insider trading. Employees at Deutsche Bank AG, Exane SA and hedge fund Moore Capital Management LLC's U.K. unit are being investigated after 16 addresses were raided by the Financial Services Authority. To see his interview with Andrea Catherwood please visit Bloomberg. |
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| March 04, 2010 |
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| FSA ‘lacks vision’ without Sants |
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| The news of Hector Sants' resignation as chief executive officer of the FSA has cast further doubt on the future and effectiveness of the regulator. Commenting on the move, Jerome Lussan, founder and CEO of Laven Partners, said the regulator lacked a clear vision for a future without Sants, and that the Conservatives had failed to provide a clear alternative for the FSA. To read the full story, please visit Pensions Management. |
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| March 03, 2010 |
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| Exit from Caymans to speed up |
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| Jerome Lussan, the founder of Laven Partners, suggests the popularity of the Caymans among investors could be further damaged by a recent decision by the Cayman Islands Court of Appeal to strike out two winding up petitions presented by an aggrieved investor against Camulos Capital, a hedge fund that suspended redemptions after the financial crisis. To read the entire article, please visit the FT. |
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| February 18, 2010 |
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| U.K. Ruling Could Reverberate Among Wealthy Tax Exiles |
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| Robert Mirsky, a managing director at Laven Partners, a London-based hedge fund consultancy, says the firm has clients who are planning to or considering moving out of the UK, because of the increase in income-tax rates, among other reasons. However, some clients are concerned about whether they will qualify for non-resident status if they retain ties to the UK such as children finishing school or retaining property here. People who are planning to leave are left in "limbo," said Mr. Mirsky. To read the entire article, please visit the Wall Street Journal. |
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| December 13, 2009 |
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| Investors go for independent checks on fund managers |
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| "Operational due diligence is terribly underrated," says Jerome Lussan of London adviser and consultancy Laven group in the Financial Times. "It's a lot of work. Yet, it's difficult for some investors to appreciate how much effort goes into it." To read the entire on operational due diligence article, please visit the FT. |
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| December 07, 2009 |
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| Brevan Howard Said to Restrict Investor Inflows to Three Funds |
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| Brevan Howard Asset Management LLP, Europe's largest hedge-fund firm, limited the flow of money into three funds as client assets approached last year's high, according to people familiar with matter. 'It's a good sign that people who were sitting on their hands and waiting for things to happen are acting, writing checks and investing again,' said Jerome Lussan, founder of hedge-fund consultants Laven Partners in London. 'As they go back to hedge funds, people are going back to the most recognizable and comfortable names because they can't afford to make mistakes again.' To read the entire article, please visit Bloomberg. |
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| November 16, 2009 |
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| New Trend launches US equity hedge fund |
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| New Trend Fund Management Ltd is launching its first hedge fund, the New Trend US Equity Fund. Laven Partners Ltd, the London based investment management consultancy, advised on the fund and management company's incorporation, prospectus and CIMA registration in the Cayman Islands as well as on the incorporation of the fund's Swiss investment advisor, New Trend Capital Partners Ltd. Laven Legal Services Ltd, the associated law firm of Laven Partners Ltd, provided assistance with legal implementation and documentation. To read the entire article, please visit the THFJ. |
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| October 27, 2009 |
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| Molinero Capital Management launches systematic CTA fund |
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| Hedge fund manager Molinero Capital Management has opened its first independent hedge fund, Molinero Global Markets Fund, a systematic CTA. Laven Partners Ltd advised on the incorporation of the fund in the Cayman Islands and its registration with the local authorities while Laven Legal Services Ltd provided legal assistance for the fund and on its offering memorandum. The fund aims to produce consistent above average returns through long- and short-term investments in the global futures markets using a proprietary trading program. It will seek to mitigate risk through diversification of investments and hedging activities. To read the entire article, please visit Hedge Funds Review. |
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| September 15, 2009 |
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| Laven Partners bolsters team with appointment of Robert Mirsky |
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| Laven Partners has recently hired Robert Mirsky as Managing Director. Robert joins us from Ernst & Young where he was a Partner and a leading figure within the Hedge Fund Practice. Read more about Robert's appointment in the Financial Times and the Hedge Fund Journal |
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| August 14, 2009 |
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| Laven Partners gives an update on the proposed EC Directive |
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| As the new EC Directive seeking to regulate hedge funds charges ahead to become law, Laven Partners provides monthly updates on the development and status of the Draft. Our August issue can be found in The Hedge Fund Journal. |
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| June 29, 2009 |
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| Laven Partners comments on sentencing of Madoff on Bloomberg |
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| Jerome Lussan, Managing Director of Laven Partners, recently appeared on Bloomberg TV commenting on the sentencing of Bernard Madoff. To watch the interview, please visit Bloomberg link here. |
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| June 05, 2009 |
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| UK Hedge Fund Industry Under Threat |
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| Laven Partners believes that the draft EU Alternatives Directive may be a threat to the UK hedge fund industry. To read our comment please visit the Hedge Fund Journal. |
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| April 21, 2009 |
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| Laven Partners comments on Weavering Scandal |
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| Laven Partners is not surprised that Weavering Capital failed, read more in Nordic Regions Pensions and Investment News.
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| April 14, 2009 |
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| Investors Must Push for Hedge Fund Clarity |
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| Laven Partners believes that the EU has a strong regulatory framwork for hedge funds but that regulations should be applied with more diligence and greater effort. You can read about more our views in Pensions Week. |
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| April 02, 2009 |
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| A Special Report on the Rich: Show Them the Money |
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Laven Partners featured in the Economist discussing investment processes. To read the Economist article, please click here. |
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| March 24, 2009 |
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| Laven Partners Launches a New Fund |
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| Laven Partners has launched a new fund, to read more about the launch, please visit the Hedge Fund Journal. |
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| March 23, 2009 |
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| Time for a New Model? |
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| Laven Partners believes that pension funds will be hesitant to explore increasing their investments in the alternative space. To read more about our views on pension fund investing in 2009, you can visit Pensions Week. |
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| March 17, 2009 |
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| Luxembourg Minister Urges Settlement of Madoff Suits |
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| Laven Partners was recently featured on Bloomberg, discussing the position of Luxembourg in the regulatory arena following the Madoff scandal. To read the article, please visit Bloomberg. |
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| March 09, 2009 |
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| Laven Partners' related law firm opens in Luxembourg |
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| Lussan Ltd, the related law firm of Laven Partners has opened a Luxembourg office following an increased interest from clients in setting up Luxembourg-based funds. To read more about the developments, please visit the Hedge Fund Journal. |
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| March 09, 2009 |
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| Laven Partners' related law firm opens in Luxembourg |
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| Lussan Ltd, the related law firm of Laven Partners has opened a Luxembourg office following an increased interest from clients in setting up Luxembourg-based funds. To read more about the group''s developments, please visit the Hedge Fund Journal. |
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| March 05, 2009 |
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| Laven Partners interview on Bloomberg |
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Managing Director of Laven Partners, Jerome Lussan, was recently interviewed on Bloomberg TV in relation to the Madoff scandal and the changes which could be made in the industry as a result of the scandal. |
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| March 02, 2009 |
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Most IFAs 'not capable' of hedge fund advice 
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| Laven Partners has commented that it is extremely difficult for IFAs to do all levels of checks on hedge funds, understanding the operations of cash management, as well as the quality of people and trading. |
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| February 27, 2009 |
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| Madoff scandal asks industry awkward questions |
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| Some investors in the Ponzi scheme perpetrated by Bernard Madoff Investment Securities, the broker-dealer founded by the ex-Nasdaq chairman, knew that he was cheating – and that's why they invested. That is the disturbing conclusion of commentators familiar with the strategy and its feeder funds. To read more on Laven Partners' views on this, please click here to visit the FT Mandate. |
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| February 26, 2009 |
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| UK regulation is sufficient say Laven Partners |
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Existing financial regulation is sufficient but needs to be enforced more stringently says Laven Partners. To read this article, please visit Investment Week. |
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| February 06, 2009 |
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| Lussan Says Madoff Case Undermines Trust in Geneva Banks |
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Laven Partners recently partook in an interview with Bloomberg, voicing their opinions on how Madoff-related losses may undermine confidence in Geneva's private banks. To watch the interview, please visit Bloomberg here.
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| January 15, 2009 |
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| Liability fears over bad advice |
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| Our affiliated law firm Lussan Ltd was recently featured in the Law Society Gazette in a story on liabilities of hedge fund managers due to loopholes in the partnership law. To read the story, please visit the Gazette. |
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| January 14, 2009 |
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| What are the options for Madoff investors? |
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Laven Partners has commented on how investors in Madoff advised vehicles, and their lawyers, are asking themselves how they can get redress and, most importantly, some or all of their money back.
Find out more on how Madoff investors left themselves open to risks by visiting Reuters. |
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| January 12, 2009 |
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| Is it time to stop using the term hedge fund? |
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| Laven Partners explores the use and the relevance of the term ''hedge fund''. To read this article, please visit Pension News. |
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| December 01, 2008 |
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| Short-selling squeeze will hit hedge funds |
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| Laven Partners comments in relation to unprecedented changes changes in the hedge fund industry and proposes reducing consultancy fees to help smaller participants in the industry. To read the story, please visit Pensions Week.
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| September 25, 2008 |
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| Laven Partners Seeks Clarity on Attacks on Hedge Funds Made by French President Sarkozy
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| In a speech on Tuesday at the United Nations, French President Nicolas Sarkozy accused hedge funds for the current financial turmoil... |
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| September 19, 2008 |
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| FSA Ban on Short Selling
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| This remarkable step taken by the FSA emphasises the huge uncertainty that surrounds the current financial crisis... |
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| September 16, 2008 |
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| Laven's Global Systematic Performs Strongly Amid Market Turmoil
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| The Laven Funds Global Systematic SPST SPC Fund has returned 8.07% since 1 January 2008*, outperforming the Newedge CTA and MSCI World indices... |
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| September 11, 2008 |
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| London's Leading Position Under Threat
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| The last few weeks have seen investment companies they are to quit the UK - is London losing its appeal as a leading financial centre...? |
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| September 01, 2008 |
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| Laven Partners Helps Launch New Macro Long Short Vallea Fund
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| Laven Partners has advised new management company Vallea Capital on the launch of its long/short Vallea Fund... |
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| August 12, 2008 |
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| FSA Fine Proves Investment Managers Cannot Be Complacent
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| The FSA has today fined Credit Suisse £5.6million for failing to conduct their business with due skill, care and diligence and failing to organise and control their business effectively... |
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| June 16, 2008 |
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| Laven Partners Questions Rushed Nature of FSA Short Selling Disclosure
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On Friday 13 June 2008 the FSA announced that as of 20 June 2008 investors will be required to disclose any short position representing 0.25% of the issued capital of a company during a rights issue period... |
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| May 26, 2008 |
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| How to Start a Hedge Fund in Europe
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| Managers starting out today can realise significant benefits from hiring out a ''start-up consultant''... |
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| May 23, 2008 |
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| The New Non-Domiciled Law
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| Concerns have been raised about the way the Labour government''s new laws on non-domiciled persons have been introduced so suddenly and how they will impact the British economy, and notably hedge fund businesses based in London... |
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| May 19, 2008 |
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| Laven Partners Launches Redtower Global Macro Fund
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| Laven Partners advises on the launch of Redtower Asset Management''s new currency fund, the Redtower Global Macro Fund... |
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| April 14, 2008 |
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| Press Release on Hedge Fund Valuations
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Laven Partners is calling for the adoption of a standardised hedge fund valuation
agreement in order to increases investor confidence, protect the industry's reputation
and avoid political interference... |
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| January 29, 2008 |
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| Launch of Vermont Asset Finance Fund
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| NARA Capital S.A., a new specialised fund management company based in Geneva, Switzerland, has launched an Asset Based Lending (ABL) Fund of Funds... |
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| January 21, 2008 |
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| Hedge Fund Valuations
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The manner in which hedge fund assets are valued gives real cause for concern and there appears to be no real solution in sight...
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| January 01, 2008 |
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| Asset Valuation in Hedge Funds
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The value of some credit-related investments has over the last few months given cause for alarm as to how asset valuation is carried out...
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| November 06, 2007 |
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| Implications of MiFID for Hedge Funds Have Been Exaggerated
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Laven Partners believes that the implications of MiFID for hedge fund managers have been exaggerated and that with the right guidance most managers can easily comply with the changes...
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| October 31, 2007 |
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| First Gold Focused Hedge Fund Launches in Record Time
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| Hinde Capital Limited has launched the first gold focused hedge fund in under three months and just in time to enjoy record gold highs... |
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| September 06, 2007 |
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| Hedge Funds Should Clean Up Image Problem
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| As hedge fund perceptions suffer due to high profile blow ups, lacklustre returns and the recent credit crunch, Laven Partners asks 'how can the rapid expansion continue without some much needed categorisation of the different types of hedge funds? |
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| May 04, 2007 |
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| Laven Partners Snaps Up Opportunities in Switzerland
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| Laven Partners, a hedge fund advisory and consultancy firm announced plans to open its new Swiss office at their anniversary reception last week... |
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| September 25, 2006 |
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| Laven Partners Reveals New Website and Shows Off New Services
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| Laven Partners, an investment advisory and consultancy firm has launched their new website... |
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Press Coverage