Wednesday, 22 October 2014
Last updated 5 hours ago
Nov 30 2011 | 10:45am ET
Dallas-based private equity and credit specialist Commerce Street Investment Advisor has hired Richard C. Jakob as a managing director.
In his new post, Jakob will work with his former Highland Capital Management colleague Kurt Plumer, who joined CSIA earlier this year.
Jakob comes to CSIA from Cedarview Capital Management, a registered investment advisor of below-investment grade assets, where he’d served as chief marketing officer. Prior to joining Cedarview, he was a managing director at NewOak Capital in New York.
“Rich brings client relations experience that will be of great benefit to our firm,” said Dory A. Wiley, managing partner of Commerce Street Holdings. “This hire reflects our continuing commitment to further develop our asset management platform, and we are pleased to have him join us to continue the expansion of our business.”
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…
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 ...