Thursday, 2 October 2014
Last updated 14 hours ago
Jun 18 2010 | 11:54am ET
UBS has added a hedge fund veteran with a Harvard pedigree to its U.S. prime brokerage business.
Megan Kelleher will head that Swiss bank’s prime brokerage sales effort in New England, based out of Boston. She formerly worked at collapsed hedge fund Sowood Capital Management in operations, legal and compliance. Prior to her stint at the short-lived hedge fund, Kelleher worked at Harvard Management Corp., which runs the university’s endowment.
Sowood was founded by former Harvard money manager Jeffrey Larson after he left the school in 2004. It collapsed amidst huge losses on subprime investments in the summer of 2007, one of the earliest victims of the credit crisis.
UBS has also promoted from within, naming Rob Sachs head of U.S. capital introduction. Sachs joined UBS’ cap. intro. business last year after running his own fund of hedge funds, Constellar Capital Management.
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 McKitish of Peddie School's 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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...