Friday, 19 September 2014
Last updated 8 hours ago
May 5 2011 | 12:13pm ET
Ping Capital Management's exceptional run continued in April, as former SAC Capital Advisors trader Ping Jiang's hedge fund rose another 2.3%.
The Ping Exceptional Value Fund, which began the year with $155 million in assets, is up 13.8% this year, according to numbers obtained by Dealbreaker.com. The fund rose 105% last year and 193% in 2009.
Ping Capital launched its second hedge fund, an emerging markets macro fund, in January.
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.