Wednesday, 23 July 2014
Last updated 5 hours ago
Jan 11 2010 | 2:48am ET
Serengeti Asset Management has put 2008 behind it in a big way.
The firm, headed by Goldman Sachs veteran Jody LaNasa, saw its Overseas fund nearly double last year. That vehicle soared 87% in 2009, according to MarketWatch, after plummeting 50% in 2009.
Overseas wasn’t the only Serengeti hedge fund to enjoy 2009. Its Rapax fund rose 41% last year. But unlike Overseas, the financials-focused fund added 11% in 2008.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…