Thursday, 18 September 2014
Last updated 2 hours ago
Jul 25 2011 | 12:39pm ET
Citigroup has hired a capital introductions specialist from Morgan Stanley to boost its prime brokerage business.
James Kelly will focus on pensions in his new post as a director at Citi Prime Finance. He formerly handled pensions at Morgan Stanley as head of transition management in the Americas after helping set up that firm's pension solutions group.
"As more pension funds move directly into alternative investments, most specifically hedge funds, it is critical to have a keen understanding of these allocators and their individual investment objectives and needs," new boss Elizabeth Neely, head of U.S. cap. intro, said. "Jim's experience and deep relationships within the pension community will play a vital role for Citi and help bridge the gap between this increasingly important investor segment and the hedge fund clients who serve them."
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.