Sunday, 21 September 2014
Last updated 2 days ago
Feb 1 2013 | 11:57am ET
Two of Goldman Sachs' major internal hedge fund units will now share a leader.
Raanan Agus, who heads Goldman Sachs Investment Partners, will take over as chief investment officer of Liberty Harbor, the bank's $5 billion credit hedge fund unit. He takes over from Gregg Felton, the former Amaranth Advisors trader who has led Liberty Harbor since joining Goldman in 2006.
Goldman also told clients Monday that Brendan McGovern and Sal Lentini, Amaranth veterans who joined Goldman with Felton, would serve as co-heads of investment for Liberty Harbor. McGovern had been head of research at the group and Lentini head of credit trading.
Liberty Harbor has 20 employees.
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.