Tuesday, 23 September 2014
Last updated 4 hours ago
Mar 6 2007 | 11:06am ET
Former Goldman Sachs managing director Rick Sherlund is leaving the mothership for New York-based Galleon Group, a $6.5 billion hedge fund, where he comes aboard as a managing director. In his new capacity, Sherlund will manage a portfolio of technology stocks.
Sherlund, a well-respected software analyst, has worked at Goldman for 25 years. Sarah Friar, a managing director and senior infrastructure software analyst, will take over Sherlund’s coverage at the firm.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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.