Monday, 1 September 2014
Last updated 2 days ago
Aug 17 2011 | 12:54am ET
A top—and top-paid—trader at Barclays Capital is leaving the firm to launch his own hedge fund.
Todd Edgar, who joined BarCap two years ago with four others on a contract worth up to £30 million from JPMorgan Chase, will now leave. According to the Financial Times, Barclays felt it could not hold on to Edgar or his team under new U.S. rules barring banks from proprietary trading. Nearly a dozen of Edgar’s commodity trading team will join him at the new hedge fund.
Edgar hopes to set the new operation up by the end of the year.
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…