Saturday, 20 September 2014
Last updated 1 day ago
Jun 8 2012 | 8:26am ET
May was a rough month for many hedge funds, but apparently nobody told the MKP Opportunity Fund—the global macro vehicle was up 2.77% for the month.
That brings the $2.3 billion fund’s year-to-date gains to 4.07%, a source familiar with the returns told FINalternatives.
Launched in 2001, the Opportunity fund is managed by MKP Capital Management founder and CEO Patrick McMahon.
MKP, with $4.8 billion in assets under management, is based in New York and has an office in London. In addition to the global macro fund it runs a structured credit strategy.
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.