Wednesday, 22 October 2014
Last updated 16 hours ago
Sep 7 2011 | 10:58am ET
Citadel Investment Group founder Kenneth Griffin and his wife are among a group of big donors to conservative causes favored by the controversial billionaire Koch brothers.
Griffin and Anne Dias Griffin, who raised money for both President Barack Obama and Sen. John McCain (R-Ariz.) during the 2008 presidential election campaign, have given more than $1 million to the Kochs' causes, Mother Jones reports.
Charles Koch thanked the Griffins and others who gave more than $1 billion during the Kochs' biannual retreat for donors in Vail, Colo., in June. Mother Jones obtained audio recordings of the seminar.
Among the other alternative investments players named were John Childs of private equity firm JW Childs Associates. Paul Singer of Elliott Management, a well-known Republican donor, was not, but The New York Times last year reported that "Annie Dickerson, who also runs a foundation for Paul Singer," has attended the Koch seminars.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...