Monday, 22 September 2014
Last updated 1 hour ago
Apr 18 2011 | 12:08pm ET
Fund of hedge funds Arden Asset Management has hired a Permal Group executive to take over its client services effort.
Coby McDonald was named a partner, managing director and global head of client service and development at the firm. He succeeds the departing Stephen Cordy, who will leave the firm after a several-week-long transition period to pursue other opportunities, Pensions & Investments reports.
McDonald had served as a global consultant relations vice president at Permal before leaving for Arden.
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.