Friday, 31 October 2014
Last updated 12 hours ago
Apr 4 2012 | 2:22am ET
Spring Mountain Capital has absorbed a distressed strategies specialist, adding the strategy to its own competence.
The New York-based investment firm has hired Garey Fuqua and his team at Ofelia Capital. Fuqua founded Ofelia, an investment boutique.
Fuqua, Thomas Brophy and Sandra Matthews will lead Spring Mountain's new high yield and distressed group, the firm said. Fuqua will lead the group, as managing director.
Spring Mountain has some $1.5 billion in assets under management.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Traders form habits quickly. Understanding these and their effects can better equip us to decipher actual market moves.