Jabre Soirée Celebrates Return To Success

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.


In Depth

Electronifie: Better Bond Trading

May 11 2016 | 3:03pm ET

Technology has revolutionized countless aspects of investing and trading, but the...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...