Saturday, 27 December 2014
Last updated 2 days ago
Dec 22 2010 | 11:02pm ET
The namesakes behind oil and gas hedge fund Nanes Balkany Partners are splitting up.
Julien Balkany has left the New York-based activist firm, it said yesterday. Co-founder Daryl Nanes has taken sole control of the reins at Nanes Balkany, which has enjoyed a string of unbroken successes since its establishment three years ago. The firm rose about 23% in 2008, its first year, and returned 48% last year. It is up about 43% this year.
“I am very proud of our accomplishments over the last three years and the experience has been one of the most rewarding of my career,” Balkany said. “As a French national, I have always kept some focus on Europe for the next stage of my career and I feel that the success of Nanes Balkany Partners allows me to now move on to take on new opportunities and challenges.”
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.