Monday, 22 September 2014
Last updated 53 min ago
Nov 14 2011 | 11:05am ET
A former Jefferies & Co. banker has launched his maiden hedge fund.
Patrick Neal's TreePoint Fund Management has unveiled onshore and offshore versions of its flagship, according to a Securities and Exchange Commission filing. And it got some help from a pair of SAC Capital Management veterans, HFMWeek reports.
Cedar Hill Capital Partners, a New York-based hedge fund headed by former SAC traders Emil Woods and Charles Cascarilla, has made an allocation to TreePoint.
TreePoint, also based in New York, is a global macro specialist. It has a $500,000 minimum investment requirement.
Neal, who serves as portfolio manager, is a former managing director of equity sales and trading at Jefferies. He is also formerly head of derivatives strategy at Bank of America.
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.