Sunday, 21 September 2014
Last updated 1 day ago
Jan 13 2006 | 8:32pm ET
Chicago-based Endurance Asset Management has just opened its flagship fund-of-funds to outside investors. Charlene Dow, managing director, said the Endurance Fund is now accepting money predominantly from family offices and high-net-worth individuals, but that the firm's risk and return parameters fit with what institutional investors are looking for, and Endurance will be targeting them once it has a longer track record.
The Endurance Fund, which currently has $30 million in assets under management, was launched in January 2004 with partner money. The fund invests with 16 managers and is around 25% macro, 30% long/short equity, 22% event driven and 22% strategic equity with a long-bias Asia.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.