Tuesday, 21 October 2014
Last updated 2 hours ago
Sep 7 2011 | 12:31pm ET
Tennessee hedge fund Jetstream Capital will return money to investors and close its doors early next year.
CEO Joel Dobberpuhl told investors that the $500 million firm will wind down its funds at the end of February, HFMWeek reports. Dobberpuhl cited his son's starting college this year and his daughter's turning 16 among the factors in choosing to shutter Jetstream, noting that his family is going through a transition.
Last month, Jetstream's Gary Dean founded Carilliam Capital in Nashville.
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 ...