Friday, 24 October 2014
Last updated 14 hours 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.
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...