Wednesday, 1 October 2014
Last updated 12 min ago
Jun 13 2013 | 9:52am ET
Mariner Investment Group has added a hedge fund industry veteran to its two-month-old multi-strategy seeding vehicle.
Peter van Dooijeweert will launch a volatility strategy for the Mariner Incubation Fund, Mariner said. His will be the third strategy in the $500 million fund, which gives each manager an initial $50 million to $100 million, with plans to eventually launch stand-alone funds.
Van Dooijeweert was head of equity relative-value trading at Citigroup before leaving the bank last year. He formerly worked at Goldman Sachs, Soros Fund Management and his own Alopex Capital Management, which was seeded by Tudor Investment Corp. and closed in 2008.
Van Dooijeweert has hired an Alopex veteran, Steven Ahn, to serve as portfolio manager of the new Mariner strategy.
Mariner previously hired BlackRock's Eric Pellicciaro and Goldman veteran Richard Rumble to run portfolios for Incubation. The firm plans to add a "handful" of other managers and strategies before the end of the year, Mariner CEO Bracebridge Young told Bloomberg.
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...