Friday, 19 September 2014
Last updated 6 hours ago
Oct 9 2007 | 7:00am ET
Tribeca Global Management was founded three years ago to be Citigroup’s flagship hedge fund. But the shuttered group will leave barely a trace.
Just four of Tribeca’s 20 fund managers remain with Citi.
The Wall Street giant closed Tribeca last month, after spending hundreds of millions of dollars to buy $4 billion hedge fund Old Lane and installing founder Vikram Pandit as head of Citi Alternative Investments.
The Tribeca survivors are merger arbitrage trader John Park, convertible arbitrage specialist Andrew Wang, event-driven and merger arbitrage specialist Jeremy Davies and Asian credit trader Aashish Ponda.
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.