Tuesday, 23 September 2014
Last updated 12 hours ago
Sep 7 2012 | 7:16am ET
BerchWood Partners, a capital raising specialist, has hired Chris Hastings to oversee new client relationships, fundraising mandates and fund distribution.
Hastings, who will join BerchWood’s New York office, comes from Cantor Fitzgerald where he was head of the private capital group, focusing on originating and distributing private equity, venture capital, distressed credit and mezzanine funds. Before that, he was in the private placement group at Credit Suisse, raising capital from large institutional investors in the energy, financial, healthcare, and technology sectors. Prior to that, Hastings spent nine years at Bear Stearns. He started his career in the leveraged finance and private placement groups at Bank of America.
“Chris brings a depth of institutional fundraising experience and a broad network of private equity relationships that will prove invaluable to expanding our capabilities and maximizing the success of each of our client’s fund-raising mandates,” said David Berchenbriter, founder of BerchWood, in a statement. “He will be a major new asset for our firm and our clients.”
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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.