Friday, 19 September 2014
Last updated 13 hours ago
Sep 27 2007 | 12:42pm ET
Goldman Sachs has named Edward Forst co-head of its investment management business, which oversees its hedge funds and alternative investments, many of which have been rocked by troubles in the credit and equities markets.
Forst was most recently vice president and chief administrative officer. He succeeds Eric Schwartz, who retired in June after four years at the helm of the asset management group, alongside Peter Kraus. Kraus remains co-head.
Forst will remain based in London.
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.