Saturday, 20 September 2014
Last updated 1 day ago
Sep 3 2007 | 9:02am ET
Hong Kong-based hedge fund Thaddeus Capital is adding to its team with the hire of Grant Chan. In his new role, Chan, who joins the firm from Cazanove, will focus on event-driven and special-situations funds for the firm, which opened its doors on June 1.
Before joining Cazenove, Chan worked at Bank of China and Lehman Brothers in Hong Kong as head of financial institutions research. Last month, Thaddeus—which runs a pan-Asian event-driven hedge fund—hired Nick Spratt from Lehman to cover entertainment and media in Japan.
Thaddeus was founded by Charle Peza and Paul Sheehan, both of whom have previously worked at Lehman. Peza was formerly a partner at HDH Advisors, which wound down last year. Until recently, Sheehan was CEO of John Locke Capital, which was founded last year.
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.