Tuesday, 1 December 2015
Last updated 13 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…