Saturday, 28 March 2015
Last updated 23 hours ago
Sep 14 2011 | 12:51pm ET
Former Shumway Capital Partners portfolio manager Paul Hudson has hired at least five people in advance of his new hedge fund's launch next month.
Glade Brook Capital Partners has named former Shumway head trader Sean Riley to the same post, HFMWeek reports. Another Shumway veteran, Kyle Daniels, serves as director of operations at the new firm, which has received a $100 million seed investment from Shumway founder Chris Shumway.
Glade Brook had previously hired former Shumway controller Paul Barron as CFO.
In addition, Glade Brook has named Dana Witkin head of investor relations, and Colin Kronewitter and Edward Liao analysts. Witkin formerly worked in investor relations at Icahn Partners. Kronewitter joins from Maverick Capital and Liao from Carlyle AlpInvest Partners.
Hudson founded Greenwich, Conn.-based Glade Brook, which will focus on technology, media and telecommunications, earlier this year, after Shumway decided to close his firm.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…