Wednesday, 22 October 2014
Last updated 11 hours ago
Dec 20 2011 | 12:41pm ET
A new hedge fund founded by former managers at Blue Ridge Capital and Eton Park Capital Management hasn't launched its first product yet, but it has moved on to its second chief operating officer.
Falcon Edge Capital, founded by former Blue Ridge partner Rick Gerson and Eton Park veteran Navroz Udwadia, has named James Minshull to the position. Minshull served as international COO at Eton Park until three years ago.
Minshull replaces Martin Byman, formerly co-head of Morgan Stanley's European prime brokerage. Byman left New York-based Falcon Edge to join quantitative hedge fund OxFORD Asset Management, HFMWeek reports.
Falcon Edge is expected to launch its first hedge fund in the first quarter, and could raise as much as $1 billion for the global multi-asset class vehicle. According to HFM, Falcon Edge will have offices in New York and London and Minshull's operations team is "unusually strong."
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. 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 ...