Sunday, 29 March 2015
Last updated 1 day 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."
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…