Friday, 19 December 2014
Last updated 45 min ago
Mar 12 2010 | 8:07am ET
Adam Sackett, co-head of trading at hedge fund Third Point, died Wednesday night. He was 35 years old.
In a letter to investors, Third Point founder Daniel Loeb said the cause was a bacterial infection “that set upon him suddenly.”
Sackett had worked at the New York-based hedge fund for more than five years. Loeb called him “brilliant, kind, funny and endlessly giving.” He is survived by his wife, Stacy, and two young children, two-and-a-half-year-old Carly and nine-month-old Ryan.
Third Point has established a trust fund to help pay for the education of Sackett’s two children.
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.