Wednesday, 30 July 2014
Last updated 12 hours ago
Jan 22 2014 | 11:42am ET
Pine River Capital Management is ramping up its effort to buy up bank assets.
The Minnetonka, Minn.-based hedge fund has hired James Lee to focus on acquiring securitized loans from banks forced to unload them by new global regulations, Bloomberg News reports. Lee is a former global head of structured credit trading at Barclays, and will serve as a strategist on its structured credit team.
The group manages about $950 million for Pine River, which has $13.9 billion in assets. The firm's structured-credit strategy focuses on deals of between $50 million and $100 million.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…