Thursday, 18 September 2014
Last updated 4 hours ago
Jun 28 2012 | 3:27am ET
Mutual fund giant Pacific Investment Management Co. is beefing up its alternative investments unit with a trio of hires.
The Newport Beach, Calif.-based firm, which manages about $16 billion in alternatives, has added Molly Hall, Neal Reiner and Jennifer Strickland. Reiner will serve as product manager for credit alternative strategies, while Hall and Strickland will serve as senior alternatives specialists.
"Our clients are looking for blue-chip managers who can consistently deliver value with an intense focus on managing downside risk," Jennifer Bridwell, head of alternatives at PIMCo since September, said. "Neal, Molly and Jennifer together have deep alternatives investment experience and will further enhance PIMCO's team of experienced and highly specialized alternatives investment professionals."
Hall joins PIMCo from Canyon Capital Advisors. Reiner was formerly with Gottex Fund Management and Strickland with BlueMountain Capital Management and HBK Capital 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.