Monday, 29 December 2014
Last updated 10 hours ago
Sep 4 2007 | 2:39pm ET
On Wall Street, disaster and opportunity are often one and the same. So as the U.S. subprime mortgage crisis drags down the credit market, the distressed-debt space is starting to get a little crowded.
New York-based alternative asset manager Eos Partners is joining the scrum, planning a distressed debt hedge fund for launch this fall. The firm hopes to raise between $750 million and $1 billion and will focus on European middle-market acquisitions, Financial News reports. Matt Meehan will manage the fund.
Eos manages some $2.5 billion in hedge and private equity funds.
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.