Tuesday, 23 September 2014
Last updated 2 hours ago
May 30 2013 | 10:48am ET
Visium Asset Management is expanding into healthcare royalties with a team from Paul Capital.
The group of four, led by Ken Macleod, will join the New York-based multi-strategy firm on June 1. It will continue to manage Paul Capital's healthcare and royalty funds as subadvisers.
"Health-care royalty investing is a natural fit with Visium's growing business," firm founder Jacob Gottlieb said.
In addition to Macleod, Visium is adding John Leone, David Lippman and Julie Rahman. The team will be split between New York and London.
Visium has $4.5 billion in assets under management.
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 McKitich, CIO of Petty 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…
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.