Wednesday, 23 July 2014
Last updated 1 hour 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…