Saturday, 25 April 2015
Last updated 15 hours ago
Nov 10 2010 | 11:04am ET
Barry Schachter is stepping down as director of quantitative resources and chief risk officer at Moore Capital Management.
The hedge fund veteran is retiring from the firm after four and half years. Prior to joining Moore, he headed risk management at Balyasny Asset Management, SAC Capital Advisors and Caxton Associates, and was vice president of market risk management at Chase Manhattan Bank.
Schachter, a Cornell University financial economies Ph.D., began his career as an academic, teaching at several universities before joining the Commodity Futures Trading Commission as a research economist. In 1994, he became a financial economist at the Comptroller of the Currency's risk analysis division before joining Chase in 1997.
Schachter confirmed his retirement. In an interview with the blog Business Insider, he said, "I am not sure what I will be doing next. Just thinking at this point."
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…