Sunday, 29 March 2015
Last updated 2 days ago
Jun 18 2012 | 12:02pm ET
Another bank proprietary trader is laying the ground work for a move into hedge funds.
Deepak Gulati, head of global equity prop. trading at JPMorgan Chase, met with potential investors last week in Rome at a Goldman Sachs conference, Bloomberg News reports. Details are scarce on Gulati’s plan, but it is likely that he would not actually launch the fund until next year.
Gulati, who moved to JPMorgan’s asset management business in 2010 as the bank moved to come into compliance with the Volcker rule barring banks from trading their own capital, works with about 20 traders. Some or all of that team would join him at his new hedge fund, according to Bloomberg.
Zürich, Switzerland-based Gulati joined JPMorgan nine years ago, from Dresdner Kleinwort.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…