Tuesday, 21 October 2014
Last updated 2 hours ago
Nov 7 2007 | 12:58pm ET
New York-based Lincoln Park Asset Management is prepping a credit arbitrage hedge fund to be launched in the first quarter. Lincoln Park is headed by Samuel Vulakh, a former credit derivatives trader for Bear Stearns and Credit Suisse First Boston.
The fund’s non-directional credit strategy will focus on global high yield mandates, according to a source with knowledge of the fund.
The source told FINalternatives that the fund will invest in more liquid names but declined to further elaborate on its strategy. However, the source offered that the fund is looking to raise its assets from the institutional crowd.
Lincoln Park opened its doors for business this summer and is currently in the process of finalizing its team and infrastructure.
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 ...