Monday, 22 September 2014
Last updated 2 days ago
Mar 24 2014 | 2:12pm ET
Investors have flocked to a new hedge fund planned by a former Deutsche Bank trader.
Hollis Park Partners has won $225 million in commitments—$25 million more than its initial target, HFMWeek reports. The New York-based firm has decided to close to new investment as a result, albeit temporarily.
Hollis Park was founded by former Deutsche Bank mortgage trader Troy Dixon and is set to launch its first fund in July. The fund will focus on structured mortgage finance.
Most of the investors in Hollis Park’s founders share class are institutional. Those investors will have the opportunity to double their investment as part of a new share class with undetermined fees once the fund reopens.
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.