Friday, 19 December 2014
Last updated 39 min ago
Feb 10 2006 | 10:18pm ET
The Blackstone Group has hired Joseph Russick to serve as a principal in the firm's distressed debt hedge fund group. Russick's appointment is an addition to the team, which was established in July.
Russick was previously a vice president at Bennett Restructuring Funds, a billion dollar hedge fund, where he specialized in public and private investments focused on the distressed debt of companies in or near bankruptcy.
Blackstone's distressed debt hedge fund, which initially had a target of $500 million, was oversubscribed and is now closed to new investors.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.