Tuesday, 16 September 2014
Last updated 1 hour 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.
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…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?