Tuesday, 21 October 2014
Last updated 30 min ago
May 29 2013 | 9:42am ET
Former Citigroup trader Joel Salomon has added a CFO to his new hedge fund.
Anat Leon has joined the nascent SaLaurMor Capital, which Salomon founded last year and which launched its maiden hedge fund in January.
Leon was most recently at proprietary trading firm ISP Financial Trading. She formerly served as CFO for the Dragon Variation Fund and also worked at Sage Capital Growth.
"I look forward to working with the team at SaLaurMor and ensuring there is an efficient back-office function, along with providing investors with full transparency and ensuring they have all the information they require," Leon said. "I look forward to assisting SaLaurMor in becoming a world-class hedge fund."
New York-based SaLaurMore is a long/short equity fund focused on financials. Salomon was a member of Citi's equity principal strategies prop. trading team before leaving the firm in early 2012.
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 ...