Saturday, 20 September 2014
Last updated 18 hours ago
Jul 15 2011 | 12:49pm ET
Newly-formed Bow Street Partners has launched its first hedge fund with $100 million in seed funding from the Blackstone Group.
New York-based Bow Street's maiden fund debuted earlier this month, HedgeFund.net reports. The firm has since made sales of $43 million, according to a filing with the Securities and Exchange Commission.
Bow Street was founded by Howard Shainkar and Akiva Katz. The former was an analyst covering the financial services and retail sectors at Third Point, while the latter was an analyst at Brahman Capital.
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.