Saturday, 20 September 2014
Last updated 13 hours ago
Jun 21 2007 | 9:19am ET
Mutual fund firm American Century Investments has hired an alternative investments specialist to head its domestic growth equity group.
Stephen Lurito, who currently manages a $70 million hedge fund and $57 million in private equity investments at New York-based MUUS Asset Management, joins Kansas City, Mo.-based American Century on July 9. Before joining MUUS, Lurito worked at Warburg Pincus Asset Management for 14 years.
At American Century, Lurito will serve as chief investment officer of U.S. growth equity portfolios, managing some $30 billion.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.