Tuesday, 16 September 2014
Last updated 2 min ago
Dec 15 2011 | 2:16pm ET
Another blue-chip hedge fund manager is giving up outside capital to avoid having to register with U.S. regulators.
Henry Swieca will return all of the outside capital to his Talpion Fund Management. Client money accounts for only about one-fifth of Talpion's $500 million in assets under management, Bloomberg News reports.
Swieca, the co-founder of Highbridge Capital Management, follows George Soros into the family office business. Hedge funds will be required to register with the Securities and Exchange Commission by March.
Talpion has not yet informed all investors about its plans. The firm has been managing outside capital since April of 2010, and formally launched the fund earlier this year. Swieca plans to continue managing the long/short equity fund with his own and family money.
He also plans to begin seeding Talpion managers' own hedge fund plans.
Swieca left Highbridge, now owned by JPMorgan Chase, in 2009.
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…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?