Monday, 25 May 2015
Last updated 3 days ago
Jul 5 2011 | 1:19pm ET
The former co-chief investment officer at Rubicon Fund Management and GAM Holding's fund of funds research chief will launch a global macro hedge fund next year.
Timothy Attias has incorporated Sata Partners in London. He'll serve as the new firm's CIO, while Catherine Cripps is leaving her post at GAM to become its chief operating officer.
Attias was the co-manager of Rubicon's top-performing Global fund before his departure in January. Cripps is currently investment director and head of multi-manager research at GAM.
Sata's plans are still preliminary and its maiden fund will not debut until next year, Financial News reports.
Attias and co-manager Santiago Alarco posted double-digit returns in each of the last three years at Rubicon, including a 44% return in 2008. Alarco himself quit in April after Rubicon co-founder Paul Brewer returned from a two-year leave of absence, and is currently waiting out his non-compete agreement on Rubicon's pay.
It is unclear whether Alarco has any plans to join Sata.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…