Wednesday, 22 October 2014
Last updated 13 hours ago
May 31 2012 | 12:22pm ET
Whitebox Advisors, a $2.3 billion asset manager based in Minneapolis, Minnesota has crossed the pond—the firm opened an office in London this week.
Industry vet Simon Waxley joins the Whitebox UK office as senior portfolio manager; he will work closely with Whitebox’s existing portfolio managers and global trading heads.
Waxley comes to Whitebox from W Partners in London, where he focused on event driven, special situations primarily in Europe and Asia. Prior to W Partners, Waxley served as managing director for Perry Partners and managing director for Elliott Associates, among other positions.
“We are excited to open the London office and to have someone as renowned as Simon Waxley on board,” said Whitebox Advisors founder and CEO, Andrew Redleaf. “Simon’s industry expertise and presence on the ground will be an invaluable asset as we explore European opportunities.”
In addition to its London office and Minneapolis headquarters, Whitebox, has offices in Austin, Tex. and Singapore.
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 ...