Saturday, 20 September 2014
Last updated 17 hours ago
Jul 27 2010 | 12:08pm ET
Citadel Investment Group plans to open a Dallas office next month.
The Chicago-based alternative investments giant’s Texas base will be its fifth office, after its Windy City headquarters, New York, San Francisco and Hong Kong. The Dallas digs will be a good deal smaller than the other offices, with just three to five employees initially and about 10 by the end of the year, Dallas Business Journal reports.
Mickey Minces of hedge fund servicing operation Blue River Partners told DBJ that the Dallas office would focus on hedge fund seeding and investing in other early-stage managers.
Citadel is subleasing its new office from fellow hedge fund Bonanza Capital. The $11 billion firm’s Dallas office will be in 6,282 square feet at 300 Crescent Court in Dallas’ Oak Lawn neighborhood.
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.