Monday, 22 September 2014
Last updated 2 days ago
Oct 19 2007 | 12:42pm ET
A group of Argo Capital veterans is prepping their first hedge fund offering.
Bridge Asset Management, a London-based shop founded by Gary Cressman and Nick Corby, is set to launch the Bridge Global Opportunities Fund, an emerging markets event-driven vehicle.
The fund, which is domiciled in the Cayman Islands, will employ a bottom-up strategy, focusing on asset quality, cash flow and legal structure, Thompson Investment Management News reports. It will be available in U.S. dollar and euro-denominated share classes.
Cressman, Corby, CEO and investor relations chief Aelita Arampova and general counsel Mark Slater formed Bridge after leaving Argo following its takeover by now-troubled hedge fund Absolute Capital Management in January.
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.