Tuesday, 30 September 2014
Last updated 47 min ago
Jul 21 2011 | 11:39am ET
Pine River Capital Management has hired a former hedge fund manager and government bailout official to help run its real-estate investment trust.
David Miller was named a managing director at the New York-based hedge fund. He'll handle business development and strategic initiatives for Two Harbors Investment Corp., the REIT Pine River acquired two years ago.
Miller joins from the U.S. Treasury Dept., where he was chief investment officer in the Office of Financial Stability. There, he managed the Troubled Asset Relief Program's $700 billion portfolio, winning the Treasury Medal for his efforts.
Prior to his stint at TARP, Miller managed an equity portfolio at hedge fund HBK Capital Management and worked at Goldman Sachs.
Miller "brings a wealth of experience and knowledge gained through his distinguished career in both the private and public sectors," Thomas Siering, the REIT's CEO, said. "His expertise will be invaluable to Two Harbors as we continue to capitalize on growth opportunities in the mortgage REIT sector."
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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