Friday, 19 September 2014
Last updated 46 min ago
Jun 7 2012 | 10:44am ET
Angelo Gordon & Co.'s new hedge fund took only one day—and one investor—to reach nine figures.
The fund raised $100 million from one investor on the day it opened. The diversified income fund will remain open indefinitely, according to a Securities and Exchange Commission filing.
Angelo Gordon has $24 billion in assets under management.
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.