Friday, 19 September 2014
Last updated 1 hour ago
Apr 8 2010 | 4:08am ET
One of the heads of Goldman Sachs’ largest internal hedge fund has left the Wall Street giant, less than a month after the fund’s top man retired to found his own hedge fund.
Ali Heyadat, co-head of Goldman Sachs Principal Strategies, was based in New York. His departure was first reported by Bloomberg News.
It is unclear what Heyadat’s plans are, including whether he will join Pierre-Henri Flamand’s new venture. That hedge fund is said to be backed by Goldman, where Flamand remains assisting with the transition at GSIP.
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.