Wednesday, 22 October 2014
Last updated 12 hours ago
Jan 12 2012 | 5:10am ET
Och-Ziff Capital Management has raised $130 million for a pair of European credit hedge funds as the continent's debt crisis drags on.
The OZ European Credit Opportunities Domestic Partners fund raised $100 million, while the OZ European Credit Opportunities Overseas fund netted $30 million.
The two funds opened to investors on Jan. 1, separate Securities and Exchange Commission filings show. Their minimum investment requirement is $100,000.
Och-Ziff's existing Europe fund lost more than 5% last year.
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 ...