Monday, 30 November 2015
Last updated 2 days ago
Feb 27 2012 | 4:01am ET
A pair of former Citigroup executives have set up a fund of hedge funds in Italy.
Panfilo Tarantelli and Sergio Ascolani founded Tages Capital in Milan last year. The two did not exactly start the new firm from scratch, instead buying UBI Pramerica's alternative investment business in October, Financial News reports.
Tarantelli was head of investment banking at Citi and vice chairman of Citi Europe. Ascolani ran Italian banking at the firm.
Tages recently won authorization from British regulators. The firm boasts eight professionals authorized by the U.K. Financial Services Authority, including chief investment officer Salvatore Cordaro.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…