Ex-Bailout Exec. To Strategic Value Hedge Fund

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.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…