Monday, 22 September 2014
Last updated 8 hours ago
Sep 24 2012 | 2:12pm ET
Comac Capital paid its founder more than €40 million last year, the overwhelming majority of its total payout to partners.
The London-based hedge fund paid its 10 partners €54 million last year. Its highest-paid partner, likely founder Colm O'Shea, took home €42.4 million, the firm said.
That's a tidy sum, but a big comedown from 2009, when O'Shea earned €85 million of the €111 million paid out by Comac to its partners.
Coman has about €6 billion in assets under management.
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.