Friday, 25 July 2014
Last updated 18 min ago
May 1 2013 | 11:52am ET
Wall Street vet David A. Geffen has launched a hedge fund industry consulting firm on the other side of the country.
San Francisco-based Geffen Advisors will offer advice on treasury management and counterparty risk management, counsel new hedge funds on their fund launches and offer outsourced COO and training services. The firm has a strategic business relationship with HazelTree, a treasury and cash management solutions provider for the alternative investment industry.
Geffen has more than two decades of Wall Street and asset management industry experience, including expertise in the areas of hedge fund relationship management, securities finance and counterparty risk management. Previously, he was a managing director at BlackRock and Barclays Global Investors, prior to BGI’s acquisition by BlackRock. Before joining BGI, he served as managing director-finance and chief credit officer at Greenwich, Conn.-based hedge fund Amaranth Group. His Wall Street experience includes positions at Goldman Sachs & Co. and Citibank.
“The alternative investment industry is poised for significant growth and many fund managers will benefit from advice on how to successfully prepare their businesses to meet the best practice standards which investors now expect,” said Geffen in a statement. “The firm’s goal is to provide guidance to hedge funds so they can be more rigorous in their decision-making and how they do business with their strategic business partners. The firm will work with its clients to enhance their success.”
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…