Tuesday, 21 October 2014
Last updated 5 min ago
Feb 3 2011 | 1:23pm ET
As it prepares to begin marketing its next private equity fund, Cerberus Capital Management is offering a glimpse of where some of the money raised will be going.
The New York-based firm has hired David Glenn to handle financial services investments, Bloomberg News reports. Glenn joins from p.e. shop Lightyear Capital and formerly covered financial services as a vice president at investment bank Greenhill & Co.
Cerberus is set to begin fundraising for its next fund within a few months. It's last p.e. fund raised $6.5 billion.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...