Tuesday, 23 September 2014
Last updated 2 hours ago
Dec 5 2012 | 11:54am ET
Och-Ziff Capital Management posted gains across the board in November.
The firm's four hedge funds rose between 0.36% and 1.03% last month, the publicly-listed firm said. They are between 4.46%, Och-Ziff's Asia Master Fund, and 10.01%, its flagship Master Fund, on the year.
November's gains contributed to a $200 million jump in New York-based Och Ziff's assets under management, which stood at $32 billion on Dec. 1. The firm is now in striking distance of its all-time high of $33.4 billion, set five years ago.
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.