Tuesday, 23 September 2014
Last updated 3 hours ago
Sep 8 2010 | 12:24pm ET
UBS has made a pair of key hires in for its fund of hedge funds and Asia prime brokerage teams.
The Swiss bank has brought back Bruce Amlicke to head its Alternative Investments Solutions fund of funds unit. Amlicke helped found the US$20 billion unit during his first stint with UBS and its O’Connor & Associates; he left UBS in 2004 to join the Blackstone Group.
Amlicke left Blackstone early last year. In addition to leading AIS, he’ll serve as co-chief investment officer of UBS Global Asset Management with Rick Nardis. Current co-CIO William Brown has taken on a hedge fund research role.
At Blackstone, Amlicke was CIO of Blackstone Alternative Asset Management.
UBS has also hired Stephen Pak to lead its Asian capital introduction efforts. Pak joined the firm this week from Credit Suisse’s alternative investments division. He has returned to Hong Kong from the U.S., where he was based for Credit Suisse since last year.
Pak was named head of regional capital introduction at UBS’s Asia prime brokerage.
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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.