Tuesday, 23 September 2014
Last updated 5 hours ago
Apr 15 2013 | 10:17am ET
Ascalon Capital Managers has lost its chief operating officer and gained a new Australia chief.
Jason Collins has left the firm to join BlackRock, where he will start as head of institutional client business in Australia on April 22. Collins had served as head of Ascalon's Australian arm.
In his place will be Robert Lance, Ascalon's new head of Australia. Lance will focus on relationships with Ascalon's boutique partners in the country.
"His is a strong and dynamic addition to our team at a time when Ascalon continues to grow," CEO Chuak Chan said.
Lance was a co-founder and CEO of DragonBack Capital prior to joining Ascalon. DragonBack was acquired last year by Double Haven Capital Management.
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.