Thursday, 31 July 2014
Last updated 8 hours ago
Jun 4 2013 | 12:04pm ET
Deepak Gulati, JPMorgan Chase's former top proprietary equities trader, has launched his Argentière Capital hedge fund with about US$300 million.
Zug, Switzerland-based Argentière—named for a French Alpine ski resort—began trading yesterday, Bloomberg News reports. The fund employs event-driven, volatility and quantitative strategies.
Argentière debuted with a staff of 15, seven of whom worked at JPMorgan Chase.
Earlier this year, it was reported that Gulati was seeking up to US$500 million for Argentière at launch. The firm will stop marketing its debut fund if it reaches US$750 million in assets.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…