Oct 6 2010 | 3:57am ET
Two years after his last hedge fund went belly-up, United Capital Markets' John Devaney is mulling a new debt fund.
Devaney is drawing up rough plans for a fund called Client First. Under that plan, Devaney would personally take the first $20 million in losses in exchange for a bigger cut of the profits in good times. Since shuttering his Horizon Strategy fund during the summer of 2008, Devaney has been managing his own $60 million fortune, and says he has doubled his money over the last two years.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…