Monday, 29 December 2014
Last updated 6 min ago
Apr 5 2012 | 11:41am ET
With 15 months under its belt, Stone Toro Asset Management has won its first seed investment.
The Princeton, N.J.-based firm's maiden hedge fund attracted a commitment from a European institutional investor, HFMWeek reports. The ST Alpha Event Fund, an event-driven arbitrage vehicle, now manages some $40 million.
The fund debuted last January. Stone Toro was founded in 2010 by Jeffrey Russo, Michael Jarzyna and Richard Jenkins, three Merrill Lynch Investment Managers veterans.
The fund was up 2.4% last month.
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.