Sunday, 21 December 2014
Last updated 11 hours ago
Jan 11 2011 | 9:05am ET
Clayton DeGiacinto has left Tower Research Capital to launch his own financial advisory firm, Axonic Capital. DeGiacinto has spun out money he has been managing for the past two years into an evergreen long/short credit fund, a source close to the fund told FINalternatives.
The Axonic Credit Opportunities Fund and the Cayman-based Axonic Credit Opportunities Overseas Fund launched earlier this month with an estimated $140 million.
DeGiacinto, a former captain in the U.S. Army, spent 21 months at Tower Research Capital where he was a portfolio manager for a distressed mortgage fund. Prior to that he was a vice president at Goldman Sachs, where he specialized in adjustable mortgages.
DeGiacinto is a graduate of United States Military Academy at West Point and has an MBA from Wharton.
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.