Tuesday, 30 September 2014
Last updated 3 hours ago
Apr 19 2011 | 11:28am ET
Richmond Park Partners has closed its acquisition of French fund of hedge funds group Olympia Capital Management, one of the oldest in Europe.
The deal—terms of which were not disclosed—was completed last week, Richmond Park announced yesterday, after winning the approval of both British and French regulators. Olympia, which has US$2.2 billion in assets under management, had previously been owned by private equity firm Sagard and Olympia's partners.
Both Olympia CEO Laurent Duperyon and founder Marc Landeau have agreed to remain with the firm.
Olympia, which is now debt-free thanks to the deal, has 48 employees spread across offices in Paris, London, New York and Zürich, Switzerland.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...