Thursday, 18 September 2014
Last updated 3 hours ago
May 25 2012 | 3:21am ET
A Tiger Cub is celebrating a sizeable fundraising haul for a year-old hedge fund.
Cascabel Management has raised $108.3 million from six investors for the fund, which opened to investors last April 1. The New York-based firm has no plans to close the fund, which has a $1 million minimum investment requirement, to new investment, a Securities and Exchange Commission filing shows.
The firm was set up four years ago by Tiger Management veteran Scott Sinclair and former Avenue Capital Management portfolio manager Laurence Chang. Tiger founder Julian Robertson provided seed capital for the firm.
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.