Wednesday, 23 July 2014
Last updated 9 min ago
Dec 10 2012 | 5:39am ET
Alphabet Management is rewarding its chief investment officer with a promotion—and a new name.
The New York-based hedge fund will rechristen itself Saiers Capital, after CIO Nelson Saiers, Bloomberg News reports. In addition, Saiers was named a full partner and co-managing member of the firm, effective in April.
"Together with Nelson's leadership, we have significantly expanded the asset classes we trade, our geographic coverage and have tripled our assets under management," firm founder Jason Adler, who heads Alphabet's non-investment efforts, wrote to clients.
The $565 million firm's hedge funds will not be renamed and will continue to carry the Alphabet name.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…