Sunday, 21 September 2014
Last updated 1 day ago
Jun 23 2010 | 1:22pm ET
A top Credit Suisse Group hedge fund executive is getting a little more on his plate.
Stephen Foster has been named chief operating officer of Credit Suisse Alternative Investments’ fund of hedge funds business, Alpha. He already holds that title for CSAI’s single-manager hedge funds.
“The consolidation of the COO function is in recognition of the similarities between the two businesses,” Foster said. “I’m looking forward to the challenges of developing both the fund of hedge funds and the single-manager businesses at Credit Suisse Alternative Investments.”
Foster, who has been with Credit Suisse for 17 years, three of them in asset management, will remain based in London.
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.