Friday, 22 August 2014
Last updated 14 hours ago
Aug 30 2012 | 3:41am ET
Hedge fund GoldenTree Asset Management has added a Morgan Stanley distressed-trading veteran to lead its own trading business.
The New York-based hedge fund named Daniel Ornstein co-head of trading, alongside Corey Geis, Bloomberg News reports.
Ornstein was head of North American distressed trading at Morgan Stanley.
GoldenTree specializes in leveraged loans, high-yield debt and collateralized loan obligations. The firm, which has $16 billion in assets, raised a $590 million CLO with Bank of America last week.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…