Tuesday, 21 October 2014
Last updated 1 hour ago
Mar 17 2014 | 3:37am ET
The ex-wife of Galleon Group fraudster David Slaine has split with her hedge-fund manager boyfriend—but hasn’t been left empty-handed.
Elyse Slaine had been dating Casablanca Capital founder Donald Drapkin. The two moved into to a $4.2 million Park Avenue duplex last May, but separated soon thereafter.
Drapkin has since moved in with his new girlfriend, Art Basel Miami Beach editor Sue Hostetler. Slaine remains in the three-bedroom duplex.
“Elyse and Donald are still friends following the split,” a source told the New York Post. “She kept the apartment at Park Avenue.”
Slaine’s ex-husband cooperated with the government in the case against Galleon founder Raj Rajaratnam, avoiding jailtime.
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...