Thursday, 26 November 2015
Last updated 10 hours 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…