Wednesday, 1 October 2014
Last updated 1 hour ago
Jan 29 2014 | 10:40am ET
Former Barclays CEO Robert Diamond's new venture is launching a private-equity business.
Atlas Merchant Capital, set up by Diamond last year, has hired J.C. Flowers & Co.'s David Schamis as a founding partner to lead the effort. Schamis called the opportunity "too compelling to pass up."
"Bob is one of the world's most accomplished bankers and his track record in building and selling Barclays Global Investors and in buying Lehman during the financial crisis—two of Barclays' most successful transactions ever—is legendary," Schamis said.
Diamond was forced out of Barclays in 2012 amidst the rate-rigging scandal at the bank. Late last year, Atlas teamed with Ugandan billionaire Ashish Thakkar to launch a vehicle investing in African banks.
Schamis had been with J.C. Flowers since 2000.
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 McKitish of Peddie School's 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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...