Saturday, 20 September 2014
Last updated 14 hours ago
Jul 19 2011 | 9:59am ET
Arthur Richardson has left Quattro Global Capital to take up the post of risk manager at the $6.5 billion alternative asset advisor Prisma Capital Partners.
Richardson, who had managed U.S. and international convertible arbitrage portfolios during his nine years at Quattro, brings 15 years of capital markets experience to his new role. Prior to Quattro, he’d worked at SG Cowen and Oaktree Capital.
“From the start, risk management has been a core competence at Prisma and a differentiator for us in the marketplace,” said Managing Partner and Co-founder Girish Reddy. “We’re pleased to have Art join our firm. His experience in trading and managing portfolio risk during some very trying market environments makes him an ideal addition to our team of senior professionals, each of whom has extensive capital markets experience.”
In his new role, Richardson will primarily perform on-site due diligence of alternative investments Prisma is considering for its clients. He will report to Emanuel Derman and Shankar Nagarajan, who jointly head the firm’s risk management team.
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.