Tuesday, 23 September 2014
Last updated 6 min ago
Sep 17 2010 | 6:33am ET
Tudor Investment Corp. has fortified its growing equities team with a pair of hires, including that of a top trader at Diamondback Capital Partners.
Diamondback’s Larry Petrella has been named director of U.S. equities at Tudor. The $11.5 billion firm also added Thomas Hayes from MissionPoint Capital Partners to the stock-trading team.
Petrella was a partner at Diamondback, which manages $4 billion. He is the second top executive to leave that firm this year, following the June departure of co-founder Chad Loweth. Prior to joining Diamondback shortly after its founding, he worked at Omega Advisors and Lehman Brothers.
Hayes was a managing director at MissionPoint.
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.