Monday, 30 November 2015
Last updated 25 min ago
Feb 17 2010 | 1:57am ET
After a rollercoaster two years, Philippe Jabre is celebrating his return to form with his closest… clients.
The former GLG Partners star trader flew in his best contacts for a party in Geneva two weeks ago, The Telegraph reports. The confab was a celebration of Jabre Capital’s turnaround from a brutal 2008.
That year, JabCap lost some 36%, leading to some US$1.5 billion in redemptions. But the firm’s flagship multi-strategy fund soared 85% last year, and the firm plans to hard-close it when its assets hit US$2.5 billion.
JabCap has also recently been tapped to manage a convertible bond fund for Swiss private bank Pictet & Cie.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…