Tuesday, 23 September 2014
Last updated 3 hours ago
Mar 29 2011 | 8:26am ET
SKCG Group, a privately-held insurance and risk management advisory firm, has beefed up its global hedge fund and private equity practice with the addition of insurance industry vet Wayne Siebner.
Siebner, who will become senior vice president and manager of executive and professional liability, comes to SKCG from Arthur J. Gallagher Risk Management Services, where he held a number of positions, the most recent being area executive vice president for financial products, corporate accounts and marketing units.
In his new role, Siebner will focus on directors and officers and errors and omissions insurance, which hedge funds and asset management firms purchase to protect themselves from costs stemming from SEC investigations and investor lawsuits. Siebner will be joining SKCG Group at a time when lower costs and increased investor demand for this type of insurance has increased hedge funds’ interest for the product.
“Wayne’s 32 years of industry experience complements SKCG’s long history of providing sophisticated advice on D&O and E&O Insurance products and services across a broad spectrum of public, private and not-for-profit commercial and financial service industry sectors,” said Thomas Kozera, CEO of SKCG Group.
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 McKitich, CIO of Petty 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…
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.