Friday, 29 August 2014
Last updated 47 min ago
Nov 17 2010 | 12:46pm ET
Perry Capital's last equity specialist has left the firm and may launch a hedge fund of his own.
Chet Kapoor's departure, along with his three-member team, leaves Perry without any portfolio managers focusing on stocks, part of a refocusing on credit, event-driven and value strategies. Kapoor's portfolio, which focused on technology, media and telecommunications, has been turned over to Perry's event-driven team, Hedge Fund Alert reports.
"We made the decision to go back to Perry Capital's investing roots by returning to our event-driven, deep-value hedged roots," firm founder Richard Perry told investors last week, announcing Kapoor's exit.
Kapoor had been named a partner of the firm just nine months ago. He left within the past few weeks, joined by fellow partner Mendel Hui, Byram Karanjia and Seth Basham.
Kapoor is now considering his options, among them launching a hedge fund or joining another firm.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...