MRA Search’s Post

In case you missed my post last week, please take a look below to see a list of urgent mandates I am working on.

Hedge Fund Demands $100 Million From Its Compliance Team After SEC Probe Chatham settled SEC investigation into bond-trading practices Anthony Melchiorre’s firm blames consultants for its troubles Wall Street firms usually grumble in private after getting punished by regulators. Anthony Melchiorre’s Chatham Asset Management is dragging its advisers into a public legal battle for $100 million. The $6 billion hedge fund is demanding that Adviser Compliance Associates not only cover Chatham’s costs for settling a US probe last year, but also damage to its business. In an unusual lawsuit, Chatham claims the outside consultant, founded by former regulators, failed to prevent trading practices that ran afoul of authorities. https://lnkd.in/gYb9XazS #recordkeeping #whatsapp #compliance #sec #text #texting #textmessaging #SMS #MMS #imessage #facetime Apple Google Meta Facebook #Android #apple #google #meta #facebook #compliance #financialservices #technology #whatsapparchiving WhatsApp WeChat

All eyes are on Singapore as the hedge fund talent war heats up. Not exhaustive but very interesting moves by top PMs as detailed by Efin. Resonates with the sentiment we feel on the ground as we take on more legal and compliance hiring mandates from hedge funds across HK and Singapore Wei Yun Teo Ruth Ma #hedgefunds #legal #risk #compliance #quantrisk https://lnkd.in/dEF-uRXs

Navigating the Complexities of Hedge Fund Liquidation: Explore the crucial considerations, including conflict of interest issues, potential legal disputes, and regulatory scrutiny. Hedge fund managers must proactively engage legal counsel and accounting experts to ensure a smooth and compliant liquidation process for the benefit of investors. #hedgefunds #LiquidationProcess #RegulatoryScrutiny #financialcompliance https://lnkd.in/dHvyYB5p

Hedge fund Eisler Capital hit with legal challenge by London specialist headhunter London-based investment firm Eisler Capital is facing a £388,800 legal challenge by a specialist hedge fund headhunter over alleged breach of contract. Monroe Partners is a London-based placement agent and senior recruitment specialist for hedge funds. It has called on national law firm Acuity Law to file a claim in the High Court last month against Eisler Capital. According to its claim form as seen by City A.M., Monroe and Eisler entered into a contract in November 2022 for Monroe on a non-exclusive basis, to introduce portfolio managers (or groups of portfolio managers) to the Eisler, in return for recruitment fees. The claim outlines that the recruitment fee for a portfolio manager is a flat fee of $400,000 (£319,200) upon hire and $200,000 (£159,600) upon completion of the first year of employment. https://lnkd.in/g_htNgkF

New York investment management partners Brian Daly and Ira Kustin will present as faculty at the 2024 Hedge Fund Management conference hosted by Practising Law Institute (PLI) in New York. They’ll be speaking on the panel, “Recent SEC Rulemaking and Impact on Hedge Funds,” covering key SEC rules such as the Marketing Rule, Custody Rule, outsourcing rule and proposed regulations on predictive data analytics. As chairperson of the program, Ira will also moderate panels on: - Trends in Hedge Fund Structuring and Terms - 2024 Regulatory Overview: Regulatory and Compliance Topics for Hedge Fund Managers - Diversity and Inclusion in the Alternative Investment Industry - Hedge Fund In-House Counsel Round Table Learn more and register below. https://bit.ly/40e1ufN #InvestmentManagement #Legal #HedgeFunds #Compliance #SEC #Finance

Exploring the Hedge Fund Legal and Regulatory Landscape  Navigating the complex world of hedge fund regulations is no small feat. From SEC and CFTC compliance to the intricacies of Dodd-Frank, staying informed is crucial. Understanding these legal frameworks not only safeguards investments but also ensures ethical and transparent operations. Dive into the nuances of hedge fund regulations with me, and let's ensure our financial strategies are both robust and compliant. 🌐 #HedgeFunds #Regulations #Compliance #Finance #InvestmentStrategies

Top 5 #HotJobs I'm working on! Check them out: #1 Management Company Accountant - Asset Manager - $110k-125k TC #2 FP&A Senior Associate - Hedge Fund - $185k-$225k TC #3 Valuations Manager - Hedge Fund - $375k-$400k TC #4 Project Manager - Hedge Fund - $350k-$400k TC #5 Controller - Broker Dealer - $185k-$215k TC Email rmodi@clearpoint-group.com for more details! #hedgefunds #privateequity #brokerdealer #assetmanagement #nowhiring

A hedge fund is a seeking to recover SEC fines from external compliance consultants who allegedly okayed certain practices. I will tell you the truth. I can't imagine that any consultants would unequivocally give advice on an issue like this. External consultants always qualify their opinions, just as internal compliance folks do. We say things like "my understanding is ...," "from my observation, I believe ...", etc. I would be surprised if this lawsuit went anywhere. Consultants do not represent the SEC, and that would be clear in contracts. We will see! https://lnkd.in/eB2Qwm8a

"Founded by alumni of the University of Chicago, the firm works with the premier financial research universities in the world, including its alma mater, to develop its investment strategies. Chicago Global selected the Maples Group in part for its deep experience in working with quantitative #hedgefunds, as well as for its ability to provide knowledgeable support...." #uchicago #uchicagoalumni #assetmanagement #alternativeassets #alternativeassetmanagement