Friday, 19 September 2014
Last updated 1 hour ago
Aug 10 2010 | 11:33am ET
Jei Li got her start in private equity. But after some seasoning at a pair of hedge funds, she’s ready to strike out on her own.
Li last month launched Reflexion Capital, HedgeFund.net reports. The new fund employs a long/short equity strategy with a focus on industrials and basic materials. Li told HFN that Reflexion has already invested in U.S., Canadian and Hong Kong companies.
Li would not say how much Reflexion has raised or hopes to raise. The fund has a $1 million minimum investment requirement and charges 1.5% for management and 20% for performance. Lazard Capital Markets is its prime broker, and Opus Fund Services is its administrator.
After an investment banking career at Morgan Stanley, Li worked on sourcing and executing deals for JPMorgan Chase’s private equity arm, One Equity Partners. She led the Asian strategy for hedge fund Trellus Management Co. before joining Aragon Global Management as head of investment research for industry and cyclical sectors.
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.