Tuesday, 21 October 2014
Last updated 7 hours ago
May 17 2013 | 8:57am ET
Corporate governance firm HighWater Limited has added UBS vet Darren Stainrod to its team.
Stainrod, former managing director of UBS Cayman and global head of alternatives, has more than 25 years of experience in the alternative investment fund industry. Prior to his 17 years at UBS, Darren was an auditor at both Deloitte and PricewaterhouseCoopers.
HighWater has also promoted Mark Fagan to director. Fagan was an investment advisor with RBC Dominion Securities; portfolio manager and performance analyst at Butterfield Bank and fund accountant at HSBC Financial Services and Butterfield Fund Services in the Cayman Islands.
Stainrod and Fagan join the other newest arrivals on the Highwater director bench: Matt Auriemma, formerly senior managing director and global head of operational risk management at UBP Asset Management; and Todd Groome, former global chairman of AIMA and advisor to the International Monetary Fund.
Cayman-based HighWater provides independent director services and other corporate governance services to hedge funds and global investment managers.
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 McKitish of Peddie School's 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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...