Saturday, 20 September 2014
Last updated 1 day 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.
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.