Thursday, 28 August 2014
Last updated 1 hour ago
Apr 3 2012 | 2:21am ET
A refugee from Trafalgar Asset Managers has joined a new proprietary trading firm.
Maven Securities has hired Raphael Kain, who left Trafalgar after its founder split last year. Maven was founded last year by Ivan Koedjikov, Ian Toon and Ben Huda, the former two late of Optiver and the latter previously of Tibra Capital. It focuses on event-driven and special-situations investing.
Kain told Financial News that he won't be running outside capital at Maven, at least initially. He said that mergers and acquisitions activity would pick up over the next year-and-a-half.
"If you are small and nimble there are lots of opportunities, especially in Europe," Kain said. "As well as M&A, I'm also looking at capital raisings and spin-offs and will invest across the capital structure."
At Trafalgar, Kain co-managed the firm's Catalyst Fund with co-founder Lee Robinson for five year. Trafalgar pulled the plug on Catalyst last year, leading Robinson to found a new firm, Altana Wealth. Trafalgar's other co-founder, Theo Phanos, now runs CapeView Capital, which houses Trafalgar's surviving funds.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...