Mack Quits Russian Oil Co. Board

May 30 2014 | 8:56am ET

John Mack, the former CEO of Morgan Stanley and chairman of hedge fund Pequot Capital Management will leave the board of Russia’s largest oil company.

Mack, a senior adviser at Kohlberg Kravis Roberts, became a Rosneft director just last year. Rosneft said he was stepping down for personal reasons, but his exit comes amidst deepening tensions between Russia and the west over the former’s annexation of the Ukraine’s Crimean peninsula.

Rosneft is controlled by the Kremlin, and its head, Igor Sechin, is among the Russians sanctioned by the U.S. over the Crimean situation.


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note