Thursday, 18 September 2014
Last updated 24 sec ago
Mar 9 2007 | 1:29pm ET
Cura Capital Management is prepping its Cura Compass Multi-strategy Fund for launch this summer, according to sources familiar with the fund. The Compass fund will deploy capital among eight strategies and target 15% annual returns.
A group of fellow Clinton Group alumni, including Mike Vacca (converts and event driven/credit), Richard Cohen (quantitative research and statistical arbitrage), Bob Smalley (credit research), Bob Wenzel (credit portfolio manager) and Steve Cameron (quantitative), will join Cura’s founder, Tom Schnepp, in this new endeavor.
Schnepp founded Cura in November 2004. The firm currently manages $425 million in its fixed income arbitrage fund.
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.