Thursday, 25 December 2014
Last updated 22 hours ago
Jul 16 2012 | 1:09pm ET
A former top Och-Ziff Capital Management event-driven trader is set to launch a hedge fund of his own, with a little help from another former employer.
Massimo Bertoli and former Marble Bar Asset Management business chief Stephen Sales will launch an event-driven fund in the fourth quarter, Financial News reports. And they'll do it with seed capital from Goldman Sachs, where he worked before joining Och-Ziff a decade ago.
The seed funding, the amount of which is unclear, will come from Goldman Sachs Asset Management's seeding fund.
Bertoli left Och-Ziff last year. He was head of European special situations at the US$29.3 billion hedge fund.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.