Friday, 27 November 2015
Last updated 1 day ago
Aug 9 2012 | 1:42pm ET
Hutchin Hill Capital is setting up shop at the site of one of its biggest victories.
The New York-based firm is opening an office in London. Hutchin Hill hopes to be operational in the British capital in six months, pending Financial Services Authority approval, ValueWalk reports.
Hutchin Hill returned 1.73% in the second quarter, erasing its first-half loss and leaving the fund up 0.8% on the year. Some of that gain can be attributed to Hutchin Hill’s credit-default swap trades against JPMorgan Chase’s huge CDS index bets, made by the bank’s trader Bruno Iksil, known as the “London whale.”
Hutchin Hill exited its bets against JPMorgan at the end of June.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…