Friday, 19 September 2014
Last updated 4 hours ago
Feb 14 2012 | 1:57pm ET
A former Elliott Management credit trader will launch his own hedge fund this summer.
Craig deLaurier expects Cerro Capital Management to debut with between $50 million and $100 million, HFMWeek reports. Cerro's maiden offering will focus on convertible arbitrage and other credit strategies.
DeLaurier has been with Elliott for less than three years. Before joining Paul Singer's firm, he worked at Deutsche Bank trading convertibles, including a period under Boaz Weinstein. Weinstein now runs hedge fund Saba Capital Management.
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.