Sunday, 21 September 2014
Last updated 2 days ago
Jan 16 2013 | 10:41am ET
Capula Investment Management continues to build its distressed debt capabilities with its second high-profile hire in four months.
The London-based hedge fund snagged Haymarket Financial veteran Mark Berry last month to lead its special situations team. His addition follows that in September of Steven Heanley, a former Angelo Gordon distressed debt specialist. Both men report to Steven Zander, the former Bank of America trader Capula hired in June to lead its distressed-debt efforts.
Zander and Berry both formerly worked at HayFin and Merrill Lynch; Berry handled the corporate credit secondary market until his departure in June while Zander was formerly HayFin's chief investment officer. At Bank of America Merrill Lynch, Zander was global co-head of leveraged loans and distressed trading and Berry served as head of European and U.S. credit sales.
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.