Wednesday, 1 October 2014
Last updated 3 hours ago
Oct 8 2012 | 11:26am ET
Boutique brokerage and research shop United First Partners aims to expand it hedge fund client base with its first office in North America.
UFP already has five staffers at its New York office, including co-founder Michael Hadjedj, and its first strategic partnership, with Goldman Sachs Execution and Clearing.
"It's an exciting time for us," Hadjedj said. "The New York office and expanding sales team will provide United First Partners with the broader platform needed to build on its success to date in the European markets."
In addition to Hadjedj and head trader John Wheelhouse, both of whom have relocated from London, UFP has hired former Bear Stearns and JPMorgan Chase risk-arbitrage specialist Adam Theriault, former Fidelity and Tullett Prebon employee Craig Johnson as a sales trader and Jennifer Donaker, formerly of Thompson Hine, as legal specialist. The firm, which focuses on event-driven, relative value and special-situations strategies, also expects to hire more as it grows.
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 McKitish of Peddie School's 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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...