Sunday, 28 December 2014
Last updated 6 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.