Tuesday, 23 September 2014
Last updated 11 hours ago
Mar 31 2011 | 2:22am ET
U.S. Capital Advisors has added a former hedge fund manager to build its energy client base.
Michael McConnell was named a managing director at the Houston-based firm. He will focus on energy entrepreneurs, selling them on USCA’s wealth management solutions and growth capital options.
“Michael’s unique background combines wealth management, buyside investment management and private equity experience,” Patrick Mendenhall, CEO, said. “We feel that Michael’s skillset is a great fit with our firm’s focus on helping energy company owners and executives build value and manage wealth.”
McConnell is a co-founder of Houston long/short equity hedge fund Spring Street Partners, where he served as portfolio manager. He then moved to Morgan Stanley Private Wealth Management as a vice-president.
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.