Wednesday, 25 November 2015
Last updated 10 hours ago
Apr 15 2011 | 1:19pm ET
Lupus alpha, a German asset manager with €7.1 billion under management as of December 2010, has lost the head of its hedge fund department, Ulf Becker.
Becker, who was also in charge of the firm’s “Talent Hotel” (a hedge fund seeing business), left to “pursue new personal as well as professional goals,” the firm’s managing partner, Ralf Lochmüller, told the Financial News.
The departure comes as the company is preparing to expand in the absolute return space, with plans to expand the team from 15 to 21 by end-2011. FN says Becker’s responsibilities will be taken on by Alexander Raviol, who had been the partner in charge of absolute return product development, quality and risk management.
FN says Lupus alpha plans to launch a new absolute return investment strategy intended to capitalize on market volatility. Lochmüller says they may be able to hire former proprietary traders.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…