Monday, 22 September 2014
Last updated 1 hour 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.
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.