Wednesday, 24 September 2014
Last updated 13 hours ago
May 11 2012 | 12:29pm ET
Fresh from business school, a former Farallon Capital Management analyst is set to go into business for himself.
Nate Singer will launch his Angel Island Partners hedge fund in July, HFMWeek reports. The recent Harvard Business School graduate expects to have about $50 million in initial assets for its Public Equities Fund.
Half of the money for the long/short equity fund has already been committed in the form of seed capital.
San Francisco-based Angel Island will focus on "quirky" situations. Singer plans to build a concentrated portfolio of structured finance, student loans, business services and global coal export holdings.
Singer worked at Soros Fund Management and interned at Marcato before spending three years at Farallon. He left that firm in 2009 to attend Harvard.
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.