Saturday, 23 May 2015
Last updated 13 hours ago
Apr 19 2010 | 4:54am ET
Iftikhar Ali’s stay at hedge fund James Caird Asset Management will be a short one.
The former head of European and Asian credit arbitrage trading at Bank of America is leaving the London-based hedge fund after just nine months. Ali is currently negotiating his departure from the US$2.4 billion hedge fund, which was spun off from Moore Capital Management in 2008.
Ali is not the only James Caird employee discussing his exit, Financial News reports. At least one other, like Ali a credit trader, is believed to want out.
Ali joined James Caird in June as head of its European credit business.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…