Wednesday, 22 October 2014
Last updated 16 hours ago
Oct 24 2007 | 11:51am ET
James Allwin, the founder and chief executive officer of New York-based asset management firm Aetos Capital, died of Brain cancer on Oct. 19, in Greenwich, Conn. He was 54.
Allwin founded Aetos in 1999 after serving as the head of the investment management businesses of Morgan Stanley, including Morgan Stanley Asset Management; Miller Anderson & Sherrerd; and Morgan Stanley's private equity and real estate funds.
Aetos currently manages real estate and portable alpha strategies.
Allwin’s funeral will be held at St. Patrick’s Cathedral in Manhattan at 10: 30 a.m., Thursday. He is survived by his wife and three children.
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 ...