Monday, 22 September 2014
Last updated 1 min ago
Jan 5 2011 | 11:40am ET
Former Carl Icahn protégé Keith Meister has a name for his soon-to-be-launched new hedge fund, and has recruited a trio of partners to work with him, including another former Icahn hedge fund executive.
Meister's event-driven activist firm is called Corvex Capital; the firm hopes to raise at least $1 billion by the end of the year and has won the backing of Soros Fund Management, which will seed the fund with $250 million. Joining Meister at Corvex are former Icahn Management chief operating officer and investor relations chief Rupal Doshi, despite earlier reports that Doshi was launching a hedge fund of her own.
Doshi, who left Icahn's nest some years ago, will instead serve as COO of Corvex, accoring to the Hedge Fund Alert (via Clusterstock). Joining her and Meister at Corvex as partners are former Omega Advisors portfolio manager Nick Graziano and SAC Capital Advisors veteran Michael Doniger. Graziano and Doniger will work on portfolio management as senior managing directors.
Doshi's résumé also boasts stints at the Blackstone Group, where she worked on marketable alternative investments, Wellington Management Co. and Sanford Bernstein.
Meister, one of Icahn's most trusted lieutenants, left that firm in the summer after eight years.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.