Friday, 19 September 2014
Last updated 13 hours ago
Mar 22 2011 | 11:33am ET
Former GSA Capital Partners CEO Joseph Novarro has joined the alternative investments firm founded by former JPMorgan Chase executive William Winters.
Novarro has been named chief operating officer of Renshaw Bay, which Winters founded last month. He is the first big-name hire for Winters, the former co-CEO of JPMorgan's investment banking business.
Renshaw Bay is backed by Jacob Rothschild's RIT Capital and Johann Rupert's Reinet fund; the two are providing tens of millions of pounds in seed capital.
Novarro left GSA in May after battling with the firm's founders over its direction.
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.