Tuesday, 23 September 2014
Last updated 3 hours ago
Oct 1 2007 | 12:35pm ET
Some people just aren’t team players. Not content to continue advising his old employers at Morgan Stanley, FrontPoint Partners founder Phil Duff is striking out on his own.
Less than a year after selling seven-year-old FrontPoint to the firm he left to found it for $400 million, Duff is launching a new hedge fund this month. Robson Ventures will reportedly utilize both hedge fund and private equity strategies, calling itself “the next generation investment management company.” Reuters reports the fund will launch with some $300 million.
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 McKitich, CIO of Petty 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…
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.