Saturday, 30 August 2014
Last updated 15 hours ago
Jan 15 2013 | 10:26am ET
The former assistant to hedge fund manager Todd Meister will go on trial next month for allegedly stealing almost $1 million from him.
A Manhattan judge set Feb. 14 for the start of Renata Shamrakova’s trial. The Ukrainian allegedly ran up $900,000 in unauthorized charges on two American Express cards she and her boyfriend opened in Meister’s name. The date is, in its own way, an appropriate one: Shamrakova has alleged that she and Meister were lovers.
Shamrakova’s lawyer indicated that she might want to break that date: He told the judge that they won’t be ready. Joshua Kirshner said he was “sifting through” some “1.75 terabytes of discovery as of a month ago.”
Meister, the co-founder of Pride Rock Management, is better known as the son of Aon Group executive Robert Meister and the ex-husband of socialite Nicky Hilton.
Shamrakova, who remains free on $300,000 bond, faces up to seven years in prison if convicted of embezzlement.
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 ...