The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Carne Director Appointed to Board of Oddo Alternative Investment Fund

John Donohoe, CEO of Carne Financial Services Group, has been named as an independent director to the board of the brand new Oddo Asset Management fund, called Orsay Merger Arbitrage.

The fund will follow an M&A arbitrage strategy, and will be managed by fund manager Christian Fleury, who headed the merger arbitrage team at Banque d’Orsay. The fund has been domiciled in Dublin as a QIF (Qualifying Investor Fund). It will be promoted by Oddo Asset Management and managed by a team of nine in Paris, an investment management unit that has been working together for 13 years.

The fund was officially launched on 1 June, with €100 million in seed capital from the Oddo Group, and is based on a strategy with a five year audited track record.

Said Donohoe: “We are very pleased to be able to provide Oddo Asset Management with the independent board-level oversight that is so important for responsible fund-level governance in today’s alternative investment industry. Market leaders like Oddo Asset Management are setting the standard for improved governance in the European alternative funds industry, and investors should welcome that.”

Guido Mundt, CEO of Oddo AM, commented: “We were very pleased to be able to appoint someone of John’s calibre and experience to the board of the new fund. We look forward to receiving the benefit of his insights going forward.”

Carne is expanding its panel of experienced independent directors that sit on the boards of funds in the Cayman Islands, Ireland and Luxembourg as demand for superior fund governance continues to grow.

Related content

WEBINAR

Recorded Webinar: Adverse media screening – how to cut exposure to criminal activity, from money laundering to human trafficking

Screening for adverse media coverage of counterparties presents an incredible opportunity for financial institutions to limit risk exposures and identify bad actors early. It is required by regulations such as the EU’s sixth Anti-Money Laundering Directive (AML 6), and is one of the most effective ways to steer clear of potential connections with sanctioned activity...

BLOG

Unifying Client Data to Accelerate Insights and Deliver Better Experiences

As they switch focus from addressing regulatory imperatives to producing superior client outcomes, buy-side firms have an opportunity to leverage internal and external data sets to deliver unique and timely investment research and analysis in support of rapid innovation and compelling new product offerings. But faced with ongoing business challenges in the form of margin...

EVENT

RegTech Summit London

Now in its 7th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2021/2022 – Ninth Edition

Welcome to the ninth edition of A-Team Group’s Regulatory Data Handbook, a publication dedicated to helping you gain a full understanding of regulations related to your organisation from the details of requirements to best practice implementation. This edition of the handbook includes a focus on regulations being rolled out to bring order and standardisation to...