Tuesday, 16 September 2014
Last updated 4 hours ago
Apr 19 2011 | 1:25am ET
Spruce Private Investors has named a well-traveled hedge fund veteran its first chief operating officer.
Robert Bastone started at his new job last month, HedgeFund.net reports.
Bastone got his start in hedge funds at Tiger Management, leaving the legendary firm in 2000 when founder Julian Robertson decided to enter semi-retirement—he has since unretired. He then moved to Ziff Brothers Investment before founding his own firm, Moon Capital Management, in 2005. Bastone comes to Spruce from Epeius Asset Management, a healthcare hedge fund firm.
Spruce manages some $3 billion in both traditional and alternative investments for family offices and non-profit institutions.
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…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?