Saturday, 20 December 2014
Last updated 1 day 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.