Saturday, 30 August 2014
Last updated 20 hours ago
May 2 2013 | 10:15am ET
Former Goldman Sachs and Edoma Partners trader Ali Hedayat will join hedge fund Indus Capital, six months after Edoma went under.
Hedayat will launch a new global special-situations fund at Indus, Financial News reports. That fund is expected to debut within the next few months.
Hedayat was a founding partner at Edoma, which was set up by his former boss at Goldman's proprietary trading operation, Pierre-Henri Flamand. One of the largest and most prominent hedge fund launches of 2010, Edoma closed its doors after just two years, with Flamand citing poor performance and difficult market conditions.
New York-based Indus was founded in 2000 by veterans of Soros Fund Management, and focuses on Asia-Pacific. Hedayat, who will join the firm next week, will be based at the US$4.4 billion firm's London office.
Hedayat's return to the hedge fund industry follows that of fellow Edoma veterans Martina Slowey, Emmanuel Niogret, Quentin Dumortier, Oliver Haslam, Evan Pearce and Louis Villa. Slowey returned to the prime brokerage business at Bank of America Merrill Lynch, Niogret and Dumortier moved to Horizon Asset, Haslam went to Millennium Management, Pearce went to Pine River Capital Partners and Villa to SAC Capital Advisors.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...