Friday, 26 December 2014
Last updated 2 days ago
May 10 2013 | 2:15pm ET
The arrest of two co-founders, including its chief investment officer, has proven too much for hedge fund Lodestone Natural Resources to weather.
The US$100 million London-based firm is liquidating its hedge fund, Bloomberg News reports. CIO Tim Whyte and Carl Linderum were arrested in February, alongside GLG portfolio manager Carl Esprey, on suspicion of insider-trading. Search warrants were also executed on their homes and offices. No charges have been filed.
Whyte, Linderum and Ben Belldegrun founded Lodestone last year. The three formerly worked together at Brevan Howard Asset Management.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.