Tuesday, 23 September 2014
Last updated 31 min ago
Apr 15 2013 | 10:45am ET
Millennium Management chief Israel Englander's Managed Accounts and Prime Services division has tapped Wall Street vet Brett Langbert as managing director.
Langbert, who just last year became president and COO of HedgeCo Networks and president of HedgeCo Securities, has also worked at UBS, Morgan Stanley and Goldman Sachs.
MA&PS is a platform providing multi-prime brokerage services to small to mid-sized hedge funds and other players in the alternative investment space.
Stephen Tobias, president and CEO of Israel A. Englander & Co., said in a statement: “We are extremely pleased that someone of Brett’s caliber shares our vision and has joined the MA&PS team. The breadth of his experience and expertise in the institutional investment community will provide an excellent fit to MA&PS’ expanding presence in the industry.”
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.