Friday, 29 August 2014
Last updated 7 hours ago
Aug 15 2013 | 12:35pm ET
The Securities and Exchange Commission has sued a Twitter-loving hedge fund manager for allegedly ripping investors off of more than $1 million.
Anthony Davian misappropriated more than two-thirds of the $1.5 million he raised for his Akron, Ohio-based Davian Capital Advisors, the SEC said. Davian, better known to Twitter followers as @hedgieguy, allegedly used the money to finance a lavish lifestyle.
The SEC's lawsuit, filed yesterday, comes after a June raid by the U.S. Secret Service and U.S. Postal Service. Davian may have attempted suicide thereafter; he was hospitalized with carbon monoxide poisoning after his wife found him passed out in his car.
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 ...