Tuesday, 23 September 2014
Last updated 2 hours ago
Feb 13 2013 | 1:37pm ET
Hedge fund Duet Asset Management has launched a Latin American joint-venture with two former bank executives.
Duet Latin America unites the London-based hedge fund with CG Capital, founded by former Credit Suisse Latin America investment-banking head Pedro Chomnalez and former Barclays emerging-markets trading chief Diego Gradowczyk.
"Latin America is a strategic region for Duet, and this partnership with Diego and Pedro, two of the most experienced professionals in the region, will allow us to increase our asset management capabilities in emerging markets," Duet founder Henry Gabay said.
The joint-venture's maiden fund, Merchant Opportunity, will invest in non-financial assets and private equity in the region. It may also be given a hand in running Duet's existing Emerging Markets Real Estate Debt Fund.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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.