Sunday, 21 September 2014
Last updated 1 day ago
Jul 20 2011 | 1:12pm ET
Apson Capital, the London-based firm founded by former Deephaven Capital Management portfolio manager Edouard Salet, has launched its maiden hedge fund.
The global long/short equity fund debuted on July 5, HedgeFund.net reports. The fund was seeded by an unidentified U.S. investor.
Salet plans to employ a top-down macro-driven investment process with the new fund, which will focus on derivatives investments. Apson features former BNP Paribas equity flow sales chief Daniel Goldstein as CEO and former Goldman Sachs proprietary trader Boris Pilichowski as co-portfolio manager.
Salet was a convertible arbitrage manager at Gartmore Group before joining Deephaven, which was sold to Stark Investments in 2009.
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.