Friday, 27 March 2015
Last updated 5 hours ago
Apr 24 2014 | 10:23am ET
A former White House chief of staff has joined a hedge fund founded last year by a top JPMorgan proprietary trader.
William Daley, himself a former JPMorgan executive, will serve as head of U.S. operations at Argentière Capital. The Swiss firm debuted last year with US$300 million and is led by Deepak Gulati, who led JPMorgan’s proprietary equities trading.
Daley told the Chicago Tribune that he “hit it off” with Gulati, and that Argentière is the kind of startup that he hoped to work with after dropping his plans to run for governor of Illinois last year.
“Everything I’ve done has been at big firms, big law firms, government,” Daley said. “This is my first startup. I wanted the chance to be a part of something that will grow.”
Daley served as U.S. Secretary of Commerce under President Bill Clinton. He was President Barack Obama’s chief of staff for just over a year in 2011 and 2012.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…