Saturday, 20 September 2014
Last updated 15 hours ago
Aug 4 2011 | 1:40pm ET
Brevan Howard Asset Management is down another two partners.
Krishnan Sadasivam, who traded for its flagship hedge fund, and economist Filippo Altissimo have left the firm, Reuters reports. Their exits precede that of co-founder James Vernon—the "v" in Brevan—who will leave in September.
Sadasivan resigned this week. He had been poised to run a new India-focused hedge fund for Brevan, but the fund was never launched. It is unclear whether that failure resulted in his exit.
Sadavisam formerly worked at The Children's Investment Fund and KDA Capital.
Altissimo, a former economist at the European Central Bank, resigned for personal reasons, a source told Reuters.
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.