Thursday, 2 October 2014
Last updated 13 hours ago
Jan 25 2010 | 9:18am ET
A pair of money management veterans has founded a new alternative investment firm with plans to launch a series of funds over the next six months.
London- and Hong Kong-based Galileo Capital Management aims to offer three or four bespoke alternative asset funds over the period. The firm’s focus will be on under-invested business sectors in Greater China.
“We have identified a number of investment strategies in niche areas offering a low correlation to markets that are still significantly untapped,” Paul Thompson, co-founder of the new firm, said. “Our expertise in structuring and launching investment funds will enable us to bring these strategies to market quickly and effectively.”
Thompson comes to Galileo after a stint as head of Prudential’s asset management joint-venture in China—he was the first foreign CEO of a Chinese asset management company. Before joining Prudential, he worked at Goldman Sachs. His partner, Anders Jacobsen, has worked at Chase Manhattan and Bankers Trust, and has run his own Galileo Consulting firm since 2004.
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...