Saturday, 20 September 2014
Last updated 15 hours ago
Jun 15 2010 | 7:02am ET
Edoma Capital, the hedge fund founded by former Goldman Sachs proprietary trading chief Pierre-Henri Flamand, has nabbed another top name.
The London-based firm has hired Matt Turner as head of operations, Financial News reports. Turner will join Edoma in the next few months from Oceanwood Capital Management, where he holds a similar post.
When he does join Edoma, he’ll be reunited with his old boss at UBS, Martina Slowey, who will serve as the hedge fund’s chief operating officer. Slowey served as head of European prime brokerage at UBS; Turner was head of prime brokerage operations in London.
Turner is developing a habit of joining promising hedge fund startups. He left UBS for Oceanwood Capital Management in 2006, while Tudor Investment Corp.’s Chris Gate launched the firm.
Flamand hopes to raise more than $1 billion for the hedge fund, which is set to launch on Nov. 1. In addition to Turner and Slowey, Edoma has also hired Ali Hedayat and Emmanuel Niogret, who formerly worked under Flamand at Goldman Sachs Principal Strategies.
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.