Tuesday, 30 September 2014
Last updated 32 min ago
Jan 13 2009 | 9:43am ET
Former Lahde Capital COO Andy Springer and his operations team have joined forces with portfolio manager Pamela Schwab to run Resolve Capital, a cleantech hedge fund.
Lahde Capital is winding down after their funds after gaining an astronomical 1000% last year betting on residential and commercial mortgages. The firm’s founder, Andrew Lahde, in October announced that he was winding down his funds in a letter to investors in which he blasted the hedge fund industry’s “idiots whose parents paid for prep school, Yale, and then the Harvard MBA.”
Resolve Capital capital’s mandate is “to earn substantial returns for our clients by investing globally in businesses that provide solutions to environmental, social, health and economic problems,” according to Springer.
The sustainability fund was recently opened to outside investors after managing proprietary capital for the past three years.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...