Tuesday, 1 December 2015
Last updated 3 hours ago
Mar 15 2012 | 2:41am ET
Healthcare was the death of FrontPoint Partners, but it's given new life to one former executive.
Brian Shim and partner Eli Casdin, formerly of Alliance Bernstein, rolled out an equity long/short healthcare hedge fund earlier this year. Shim serves as CFO and chief operating officer at Casdin Capital, which he and Casdin set up in November, HFMWeek reports.
Shim left FrontPoint's Brookville Funds, where he was an executive director, in July. FrontPoint went out of business in January, little more than a year after its top healthcare hedge fund manager, Joseph Skowron, was named in an insider-trading scandal. Skowron went to prison, and FrontPoint never recovered, closing or spinning off all of its hedge funds.
Casdin was an analyst for four years at Alliance Bernstein, also leaving that firm in July. He formerly worked as an analyst at Goldman Sachs.
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…