Friday, 19 September 2014
Last updated 43 min ago
Jul 17 2012 | 11:45am ET
Capula Investment Management plans to launch a European distressed assets hedge fund and has hired a former Bank of America trader to run it.
Steven Zander was named a senior portfolio manager at London-based Capula in June. He joins the hedge fund from Haymarket Financial, where he served as chief investment officer, and was formerly global co-head of loan and distressed debt trading at BofA.
Zander's fund will be Capula's first investing exclusively in European distressed debt, Bloomberg News reports. Capula, and a horde of other investment firms and hedge funds, have launched or are planning such funds to profit from Europe's sovereign debt crisis.
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.