Friday, 19 December 2014
Last updated 11 hours ago
Nov 15 2010 | 4:16am ET
Microsoft co-founder Paul Allen has hired a FrontPoint Partners co-founder to run his own private investment office.
Paul Ghaffari was named chief investment officer of Seattle-based Vulcan Capital, the investment division of Allen’s Vulcan Inc. Ghaffari joined the firm on Nov. 1 and will manage part of the billionaire’s fortune.
Ghaffari succeeds Chris Temple, who left Vulcan almost a year ago after only seven months.
Since leaving FrontPoint in 2006, after its sale to Morgan Stanley, Ghaffari has run two hedge funds, Palatine Hill Partners and Capitoline LLC. He has since shuttered both vehicles to begin working for Allen.
Prior to co-founding FrontPoint, Ghaffari was a portfolio manager at Soros Fund Management and worked for Morgan Stanley Investment Management.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.