Sunday, 21 September 2014
Last updated 2 days ago
Aug 14 2013 | 9:28am ET
Hermes BPK Partners and Northern Lights Capital Group have picked the second beneficiary of their new hedge-fund seeding joint venture.
New York-based Altalis Capital Partners joins Taurasi Capital Management in the Accelerator Fund's stable. Founded by Taconic Capital Advisors' former co-heads of North American equity, Samuel Elder and Adam Fox, Altalis is a value-oriented long/short equity shop.
It is unclear how much Accelerator invested with Altalis, but the firm's assets under management are now about $150 million, Hermes BPK and Northern Lights said in a statement.
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.