Friday, 19 September 2014
Last updated 2 hours ago
Apr 7 2010 | 10:14am ET
JPMorgan Asset Management is aiming to take advantage of a once-in-decades opportunity in private equity.
Mary Callahan Erdoes, who heads the unit, said the firm is looking to expand its p.e. division, aiming in particular to take advantage of out-of-favor strategies.
“This is the best opportunity in private equity for 25 years,” she told Financial News. “We are interested in hiring teams for specific opportunities as well as on a broader level.”
“We believe we give our clients a tremendous advantage in being a very early mover, particularly in the complex alternatives space, where time is of the essence,” she added.
Erdoes also said that JPMorgan hopes to boost its emerging markets team.
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.