Saturday, 20 September 2014
Last updated 14 hours ago
Aug 2 2011 | 7:35am ET
Third Point alumnus Brigette Roberts’ YYC Capital Management has launched a fund with an anchor investment from Freestone Capital Management.
YYC began managing money for Freestone on the Topwater managed account platform—a multi-manager joint venture between Topwater Capital Partners and Freestone Capital Management—in August 2009.
The platform allows Topwater, Freestone and other strategic partners to identify, monitor, and evaluate managers for investment. Topwater and Freestone say they expect to make additional allocations to platform managers that consistently demonstrate superior risk-adjusted returns.
Roberts launched the healthcare long/short equity strategy in 2009. Prior to founding YYC, Roberts was a partner at Third Point where she managed a $350 million healthcare portfolio. Before that, she managed a $100 million healthcare portfolio at DKR Saturn.
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.