Monday, 22 September 2014
Last updated 4 hours ago
Jun 11 2010 | 12:45pm ET
Former SAC Capital Advisors President Brian Cohn is set to launch his own hedge fund.
Cohn, who left SAC two-and-a-half years ago after 11 years with the hedge fund giant, has founded Archeroak Capital Management in Old Greenwich, Conn. The equities shop is set to begin trading by the end of the year, Bloomberg News reports.
Joining Cohn—who did not trade or manage investments at SAC—are two other hedge fund veterans, Jeff Messina, formerly of Level Global Advisors, and Christina Kim, formerly of now-defunct Andor Capital Management. At Archeroak, Messina will oversee cyclical industries and Kim technology investments.
Cohn left SAC in January 2008, just months after the tragic drowning of his six-year-old son in the family pool. At the time, he said he planned to take a break before moving on to another opportunity.
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.