Friday, 19 December 2014
Last updated 15 hours 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."
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.