Saturday, 27 December 2014
Last updated 3 days ago
Mar 12 2012 | 2:47pm ET
Credit Value Partners, a new hedge fund helmed by four former Credit Suisse employees, is open for new business.
The New York-based firm spun-off from Credit Suisse's hedge fund business in 2010. The distressed debt shop hopes to raise $400 million on top of the $500 million it already manages, it said in a Securities and Exchange Commission filing.
CVP has yet to register a sale, it said. It has a $5 million minimum investment requirement and will remain open to investors for more than a year.
The firm is headed by Donald Pollard, a former managing director at Credit Suisse. Pollard's three partners are also Credit Suisse alumni, Michael Geroux, Grant Pothast and Howard Sullivan.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.