Tuesday, 23 September 2014
Last updated 12 hours ago
May 10 2012 | 10:33am ET
Touradji Capital Management's former top commodities trader has left the firm, it said today.
Paul Crone quit earlier this year, a Touradji spokesman told Bloomberg News. Crone has returned to London from New York, to spend more time with his family, Bob Zito, the Touradji spokesman, said.
Crone's exit is the latest high-level departure from Touradji, following those of CFO Tom Dwan and chief operating officer Sang Lee. Indeed, even firm founder Paul Touradji step away from day-to-day management of the firm to focus on trading full-time.
Prior to joining Touradji, Crone led industrial metals trading at Investec Bank. He also formerly worked at AIG International Trading.
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 McKitich, CIO of Petty 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…
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.