Sunday, 29 November 2015
Last updated 2 days ago
Mar 28 2013 | 9:17am ET
Once again, a bank's loss is a hedge fund's gain, as BlueCrest Capital Management and Tilden Park Capital Management have snatched two traders from a shuttered Deutsche Bank proprietary-trading desk.
Mortgage-debt trader John Roach has joined BlueCrest and Michael Boyle, a commercial mortgage securities trader, Tilden Park, Bloomberg News reports. Both worked at a prop. desk that Deutsche Bank closed last month to come into compliance with new U.S. and European banking regulations.
At BlueCrest, Roach joins Matt Siravo, who joined the hedge fund from Deutsche Bank last month, and credit trader Stefano Galiani, who joined last year.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…