Monday, 22 September 2014
Last updated 2 days ago
May 3 2012 | 12:58am ET
A new hedge fund planned by veterans of Goldman Sachs and Tudor Investment Corp. has been put on hold after one of its founding partners suffered a stroke.
Richard Ruzika remains in intensive care at a Connecticut hospital. The 53-year-old suffered the stroke on April 22, three days after having surgery on his left knee.
Ruzika, former global head of special situations at Goldman, founded Greenwich, Conn.-based Dublin Hill Capital earlier this year with fellow Goldman veteran Lance Bakrow and Joe Howley, formerly of Tudor. Ruzika was to run Dublin Hill’s planned Global Macro Fund, which was to debut this quarter.
Those plans are now on indefinite hold.
“He won’t be able to work for the immediate future,” Howley told Bloomberg News.
Ruzika spent 29 years at Goldman, leaving the firm last year.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.