Sunday, 21 September 2014
Last updated 1 day ago
Mar 25 2010 | 11:17am ET
CQS has added a real-estate investor with an impressive pedigree to its roster.
George Kountouris has joined the US$7 billion London-based quantitative shop from Portland Capital, a property hedge fund backed by banking scion Jacob Rothschild and British venture capital legend Ronald Cohen. He’ll serve as a property specialist at CQS, according to Financial News, focusing on indirect property investments and offering advice. He will not manage a standalone fund at the firm.
Kountouris closed Portland, which he set up in 2006, last year. Volatility in the property markets was blamed, but the fund had also posted spectacularly poor returns, ending with a loss of 33% since inception.
Before founding that hedge fund, Kountouris was head of European property at Credit Suisse. He also worked for a decade at Deusche Bank, rising to head its property private equity group.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.