Tuesday, 23 September 2014
Last updated 6 hours ago
Sep 17 2010 | 1:13am ET
Forbes Private Capital Group, the hedge fund and private equity joint venture of G2 Investment Group and Forbes Financial, have hired for executives.
The j.v., set up earlier this year to raise money for p.e. and hedge funds, as well as real estate and credit instruments, is led by J. Todd Morley, the co-founder of Guggenheim Partners. Robert Cox, Terri Kahan, Norris Lam and David Martus have joined the firm, Bloomberg News reports.
Cox was a senior managing director at Lehman Brothers. Kahan worked at hedge fund Sandelman Partners. Lam joins from Guggenheim Securities and will be based in Hong Kong. Martus was head of investor relations at Pegasus Capital Advisors.
Forbes Private Capital has about 60 employees in New York, Hong Kong and Qatar.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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.