Saturday, 20 September 2014
Last updated 1 day ago
Sep 29 2010 | 8:34am ET
A pair of British-based hedge fund managers is among the richest young Australians, according to an annual survey.
Business Review Weekly ranked Moore Capital Management’s Greg Coffey as the second-wealthiest Australian under 40 with a fortune of A$406 million. Coffey, 39, was formerly GLG Partners’ top hedge fund manager.
Coming in right behind him is Marble Bar Asset Management founder Hilton Nathanson, who at 40 is making his final appearance on the list. Nathanson, who earlier this year led the management re-buyout of the US$1 billion hedge fund, boasts a A$395 million fortune.
The BRW list was led by coal-mining investor Nathan Tinker, who has A$610 million.
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.