Sunday, 21 September 2014
Last updated 1 day ago
Nov 30 2012 | 12:30pm ET
A former Caxton Associates trader has launched a hedge fund of his own with $240 million in initial capital.
Daniel Lascano's Lomas Capital Management launched its maiden hedge fund last month, Institutional Investor reports. The fund is a U.S.-focused long/short equity vehicle.
New York-based Lomas raised most of its initial capital from Reservoir Capital Group, with the hedge fund seeder providing $200 million. The remainder was put up by Lascano and Lomas' other founders.
Lascano and his team left Caxton last year.
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.