Friday, 19 September 2014
Last updated 3 hours ago
May 18 2012 | 4:08am ET
A SAC Capital Advisors healthcare hedge fund manager has left the firm, possibly to launch his own hedge fund.
Eric Evans will take some time off before making his next move, HFMWeek reports. But he could launch his own firm as soon as next year.
Evans' departure follows that last year of SAC healthcare analyst Norbert Gottesman. Gottesman and Helios Capital veteran Jeff Schachter founded Avet Capital Management last year, winning a seed investment from Tiger Management founder Julian Robertson.
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.