Tuesday, 2 September 2014
Last updated 8 hours ago
Nov 26 2013 | 10:34am ET
The brothers of the Zeta Beta Tau fraternity chapter at the University of Pennsylvania will soon have working plumbing and heating—and they've got their brother, SAC Capital Advisors founder Steven Cohen, to thank.
The fraternity broke ground on the renovations to their 84-year-old Philadelphia home on Nov. 9, just one day after Cohen's hedge fund pleaded guilty to insider-trading charges.
Cohen, a member of the fraternity in the 1970s during his undergraduate days at Penn, put up $2 million for the repairs, half of the $4 million ZBT sought. Cohen made the donation in April 2009, according to the New York Post.
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 ...