Thursday, 18 September 2014
Last updated 7 hours ago
Jun 11 2012 | 1:52am ET
SAC Capital Advisors has hired Louis Villa from former Goldman Sachs proprietary trading chief Pierre-Henri Flamand’s hedge fund.
Villa left Flamand’s Edoma Partners, where he was a portfolio manager, in April, Reuters reports. He joined SAC in London, the Financial Services Authority’s register shows.
Villa worked at Talaris Capital before he joined Edoma. That fund has not fared as well since its 2010 debut despite the hype that helped it raise some US$2 billion, losing 3.1% since its inception.
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.