Wednesday, 1 October 2014
Last updated 12 hours ago
Sep 17 2010 | 6:35am ET
Having pulled the plug on his own hedge fund venture, Carl Fantasia is returning to the comforting embrace of a big hedge fund firm.
Theory Capital Partners co-founder Carl Fantasia is set to join SAC Capital Advisors. The former Tudor Investment Corp. analyst will start at SAC on Oct. 1 and will work at the firm’s Boston office, Hedge Fund Alert reports.
Fantasia and co-founder Robert Broggi last month told investors they would close Theory, which launched just last year. The two cited fundraising difficulties; despite the support of former boss James Pallotta, who last year shuttered his own firm, Raptor Capital Management, the fund was never able to raise more than $20 million.
To lure Fantasia, SAC reportedly promised him an analyst and about $300 million to play with.
Broggi’s future plans are unclear.
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 McKitish of Peddie School's 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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...