Tuesday, 23 September 2014
Last updated 1 hour ago
Apr 4 2007 | 11:56am ET
Jefferies & Company’s six-month old prime brokerage business has added three senior executives, it said today.
Former hedge fund executives Robert Enslein and Jeffrey McCarthy join the firm as senior vice president focused on capital introduction, the former in New York and the latter in San Francisco. In addition, Robin Fink has been named senior vice president in prime brokerage sales, also in San Francisco.
Enslein was a co-founder of energy hedge fund Aremet Capital Management, where he served as president. He also has telecom and equity sales experience from his years with Credit Suisse First Boston and Gerard Klauer Mattison.
McCarthy most recently served as managing director of long/short U.S. equity hedge fund Alder Capital Management. He was previously chief operating officer of G2 Capital Management, an event-driven value fund.
Fink joins from mutual fund liquidity provider ReFlow Management, where he was vice president of sales.
Jefferies’ prime brokerage now boasts over 20 professionals and services more than 50 funds, the firm said. It focuses on small- and mid-sized long/short U.S. equity funds and start-ups, and has offices in Cleveland and Los Angeles in addition to New York and San Francisco.
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"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.