Thursday, 18 December 2014
Last updated 30 min 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.