Saturday, 20 September 2014
Last updated 22 hours ago
Nov 7 2011 | 12:15pm ET
CQS founder Michael Hintze has parted ways with one of his closest advisers.
Oliver Hylton, the key link between Hintze's hedge fund and a major political scandal in the U.K., has left CQS, The Guardian reports. Hylton, who led Hintze's charitable foundation, had previously been suspended.
Hylton served as the sole director of Pargav, the organization that paid for controversial travel by Adam Werritty, the alleged lobbyist whom Hylton allowed to use CQS' offices, and former U.K. Defense Minister Liam Fox. Fox resigned last month due to the scandal.
Hintze, a major donor to the Conservative Party that counts Fox as a member, also paid for Fox and Werritty to fly back from the U.S. in May.
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.