Wednesday, 26 November 2014
Last updated 17 min ago
Apr 11 2011 | 1:06pm ET
New Jersey hedge fund Ironbound Capital Management is throwing in the towel.
The equity long/short specialist is liquidating its funds and closing its doors. CEO Brian Sattinger told HFMWeek that the firm was, indeed, closing, but did not explain why.
Ironbound was founded seven years ago by former Merrill Lynch money manager Steve Silverman. At Merrill, Silverman managed the firm's Pacific and Global Value funds until his exit in 2002.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...