Friday, 29 August 2014
Last updated 14 hours ago
Sep 21 2010 | 9:09am ET
The former trading chief at Capstone Investment Advisors is set to launch his own volatility arbitrage hedge fund.
Stephen Yashar has founded Cosyne Capital Management along with Frank Erven, also formerly of Capstone, and Hamid Zanganeh, who formerly worked at Gladius Investment Group and Pardus Capital Management. The Stamford, Conn.-based firm will trade options for its main volatility strategy, but will also have a statistical arbitrage portfolio, Bloomberg News reports.
Cosyne’s maiden fund is set to debut next month.
“There are a lot of idiosyncratic opportunities in the single-stock space, especially with the increase in activity in corporate mergers and acquisitions and special situations,” Yashar told Bloomberg.
Yashar spent three years at Capstone after stints at Nomura Holdings and Bankers Trust. He left Capstone in May.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...