Saturday, 26 July 2014
Last updated 22 hours ago
Dec 30 2010 | 12:55pm ET
A former Duquesne Capital Management portfolio manager has joined the Blackstone Group's fund of hedge funds unit.
Greg Geiling was named a managing director at Blackstone Alternative Asset Management. He will oversee research on opportunistic investments and is charged with coordinating the investment ideas from a variety of Blackstone units, CEO J. Tomlison Hill said.
"We're very excited to have a hedge fund portfolio manager of Greg's caliber joining the BAAM research effort," Hill told Pensions & Investments.
Geiling begins work at the $33.1 billion unit on Jan. 3.
Geiling was previously a multistrategy portfolio manager at New York-based Duquesne. In the summer, Duquesne founder Stanley Druckenmiller announced plans to shutter the firm; a half-dozen other former Duquesne managers are preparing to launch their own fund, Point State Capital, next year with $5 billion, all of it from Druckenmiller and former Duquesne investors.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…