Friday, 19 September 2014
Last updated 5 hours ago
Sep 21 2011 | 2:32am ET
Another hedge fund is closing its doors to new investors.
JAT Capital Management will stop taking new investments next month, Bloomberg News reports. The New York-based firm has also stopped marketing its fund for the time being.
JAT is up 35% this year. The firm manages $2.5 billion.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.