Friday, 29 August 2014
Last updated 14 hours ago
Dec 13 2012 | 12:47pm ET
Regiment Capital Advisors founder Tim Peterson announced his retirement and succession plans at the $7 billion hedge fund.
A former high-yield bond trader for Harvard University's endowment, Peterson will stop managing money at Boston-based Regiment in the middle of 2014. The 51-year-old will remain with the credit hedge fund in a mentoring role, he said.
Mark Brostowski and Bill Heffron will continue to manage Regiment's remaining funds—it sold its $2 billion special situations funds and direct-lending unit to TCW Group last week—while Chris Kaster and Thomas Sorbo will continue to run the firm's business operations.
Regiment spokeswoman Diana Pisciotta told Bloomberg News that the proceeds from the special situations sale will help Peterson to redistribute equity to other members of the firm.
Peterson founded Regiment in 1999.
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 ...