Thursday, 31 July 2014
Last updated 4 hours ago
May 18 2012 | 4:05am ET
The former head of the U.K. government's bank bailout fund has joined hedge fund Strategic Value Partners.
David Cooksey was named to the advisory board at the Greenwich, Conn.-based firm, founded in 2001 by Merrill Lynch veteran Victor Khosla, the Financial Times reports. SVP focuses on distressed debt strategies.
Cooksey was chairman of U.K. Financial Investments, which oversees the British government's stakes in bailed-out banks, from 2009 until his retirement in January.
SVP has some US$4 billion in assets under management.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…