Wednesday, 20 August 2014
Last updated 5 hours ago
Nov 20 2007 | 7:39am ET
Chicago-based hedge fund Pentwater Capital plans to open a London office, which should be up and running by the middle of next year.
Pentwater, founded by Deephaven Capital Management veteran Matthew Halbower, has registered a U.K. subsidiary, Financial New reports, and plans to hire at least 10 staffers for the new office, which will specialize in takeover and restructuring investments. The firm is already interviewing candidates for the positions.
Pentwater launched its first fund last month with $700 million, and has since raised an additional $300 million. The firm expects to raise a total of $1.5 billion for the event-driven hedge fund before it closes the fund to new investors.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the 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. Read more…
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 Editor's Note