Wednesday, 27 August 2014
Last updated 40 min ago
Nov 15 2012 | 12:39pm ET
King Street Capital Management's former head trader has launched his maiden hedge fund with $500 million.
New York-based Panning Capital Management, founded by Kieran Goodwin, began trading on Nov. 1, Bloomberg News reports. Having hit its initial capacity already, the credit hedge fund is currently closed to new investors, but is expected to reopen in the second quarter of next year.
Panning is a long/short fund investing in loans, distressed assets and other credit instruments. The firm already boasts Talisker Capital Management and Archeaus Capital Management founding partner Bill Kelly as chief operating officer, former King Streeter Jason Vivas as senior trader, former Royal Bank of Scotland U.S. credit trading head Sean Murdock as a senior credit analyst and Sabretooth Capital founder Craig Perry, also a senior credit analyst.
Goodwin left King Street two years ago.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...