Saturday, 30 August 2014
Last updated 19 hours ago
May 4 2012 | 11:55am ET
Carne Group, a hedge fund governance advisory firm, has hired Bear Stearns vet Fred Schilling as a managing director in its U.S. office.
Schilling spent over 20 years at Bear Stearns as a senior managing director, helping found and build its hedge fund prime brokerage division.
Said John Donohoe, CEO of Carne Group: “Fred is a recognized figure on Wall Street with a strong and respected track record in the prime brokerage industry. He joins our team at a time when investors are placing increasing emphasis on the quality of governance and oversight in U.S. hedge funds. Very few independent fund directors understand the complexities of prime brokerage and how it relates to the operations, risk management and capital raising of hedge funds like Fred does.”
Carne’s hedge fund team is based in the U.S. and the Cayman Islands and includes Joe Hardiman (formerly of American Express), Peter Heaps (formerly of RBC Dexia and HSBC/Bank of Bermuda), Roisin Cater (formerly of Linklaters and Mourant du Feu & Jeune) and John Ackerley (formerly of Bank of America and Maples Finance).
Said Schilling, in a statement: “It is obvious that investors and regulators are paying more attention to the issue of governance in the U.S. than ever before. I will be helping Carne’s clients meet these new challenges and achieve the higher standards of governance via fresh new approaches to the fund structure.”
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 ...