Wednesday, 22 October 2014
Last updated 14 hours ago
May 18 2012 | 4:04am ET
Schulte Roth & Zabel, which specializes in hedge funds, is taking advantage of the disintegration of a fellow New York law firm to bolster its private equity practice.
Schulte Roth has hired a dozen lawyers from Dewey & LeBoeuf, including partners Joseph Smith and Marshall Brozost. Smith was global head of the private equity practice at Dewey, which has lost two-thirds of its 300 partners and is widely seen as headed for bankruptcy and dissolution.
"We are delighted to combine our private fund formation and real-estate practices with the broad capabilities of the SRZ platform," Smith said. "We believe that SRZ's uniform commitment to excellence and the collegial nature of their partnership will ensure the highest standards of service to our clients."
In addition to Smith and Brozost, Schulte Roth hired of counsel Sanford Morhouse, special counsels Russel Perkins, Shawn McCune and David Miller, and associates Jason Behrens, Geoffrey Butler, Lauren Cook, Lauren King and Jennifer Lew. The hires represent the largest single lift-out in Schulte Roth's history.
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 McKitish of Peddie School's 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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...