Friday, 29 August 2014
Last updated 1 min ago
Jun 25 2013 | 11:16am ET
After four years of bouncing from one hedge fund to the next, noted credit trader Iftikhar Ali is set to launch one of his own.
Ali plans to launch Rhodium Capital's maiden hedge fund in the fourth quarter, Reuters reports. The long/short credit hedge fund will focus on Europe, the Middle East and Africa, trading both investment-grade and high-yield debt, derivatives and, in some cases, sovereigns.
Rhodium will debut with a "significant" amount of capital, according to Reuters.
London-based Rhodium also features Talisman Capital founder Jeffrey Tirman, who will serve as CEO and chief risk officer. Ali is Rhodium's chief investment officer.
The firm is currently awaiting the approval of the U.K. Financial Conduct Authority.
Ali made his name as a trader at Citigroup and Bank of America before joining James Caird Asset Management in 2009. His short stint at that hedge fund—10 months—began what has been a peripatetic existence for Ali, who then moved to Millennium Capital Partners for a little over a year, and then to Observatory Capital Management, which he joined in September 2011.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...