Wednesday, 6 May 2015
Last updated 19 hours ago
Mar 16 2011 | 11:36am ET
Alphabet Management has named Nelson Saiers chief investment officer just eight months after he joined the firm from Deutsche Bank.
During his stint as head portfolio manager at the New York-based volatility hedge fund, Alphabet's assets under management have more than doubled to $275 million. Under his leadership, the fund posted an impressive 26% return last year.
"He's made us a much stronger company," founder Jason Adler explained to Bloomberg News. "He's enhanced our quantitative modeling, which helps make us more profitable."
At Deutsche Bank, Saiers worked on the proprietary derivatives trading desk. The math Ph.D. previously worked at UBS and Susquehanna International Group.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…