Monday, 22 September 2014
Last updated 2 days ago
Dec 4 2007 | 12:43pm ET
A Highbridge Capital Management joint-venture is prepping a commodities hedge fund for launch next year, and has lured a high-profile energy trader to help lead it.
Louis Dreyfus Highbridge Energy—which was formed when JPMorgan’s $30 billion Highbridge took a $1 billion stake in Paris-based Louis Dreyfus ES Holdings in January—has named Saracen Energy Partners’ Bill Reed head of trading, Bloomberg News reports. He starts in January.
According to Bloomberg, UBS is considering an investment in the nascent fund.
Louis Dreyfus Highbridge, a merchant energy firm, has offices in Wilton, Conn., New York, Houston, Calgary, Alberta, Geneva, Shanghai, China, and Singapore.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.