Tuesday, 30 September 2014
Last updated 4 hours ago
Jan 26 2010 | 11:17am ET
A hedge fund best known for its founders’ nasty legal battle with Touradji Capital Management is making some slightly less combative news.
Vollero Beach Capital Partners has added a pair of professionals, including veterans of Duff Capital Management and Touradji. Anson Beard has been named the firm’s first president, while Miko Sibila has joined the firm as a senior analyst covering the upstream energy industry, HedgeFund.net reports.
As president, Beard will take the lead on all non-investment activities at the commodities hedge fund, leaving those to firm founders Robert Vollero and Gentry Beach. Beach joins from Duff Capital Management, the hedge fund set up by FrontPoint Partners founder Phillip Duff that closed last year. He also spent time at BlackRock, Tiger Management and Donaldson Lufkin & Jenrette.
Sibila joins from Touradji, where he was an analyst and where his new bosses once worked. Vollero and Beach have sued the famed commodities hedge fund shop, alleging that the firm withheld more than $50 million in bonuses. Touradji has countersued, alleging that the two former employees were “responsible for the destruction of millions of dollars of investor capital.”
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...