Tuesday, 23 September 2014
Last updated 20 min ago
Jan 2 2008 | 4:12pm ET
New York-based M.D. Sass has hired Daniel Fishbane as senior vice president and CFO effective today. Prior to joining M.D. Sass, Fishbane was CFO of Pequot Capital, a $7 billion multi-strategy hedge fund based in Connecticut.
"We are delighted that Dan's 23 years of investment industry experience will be made available to lead our firm's corporate and fund accounting groups," said Martin Sass, CEO of M.D. Sass. "He is ideally suited to lead our 17-person accounting and finance teams' implementation of extensive new state-of-the art systems to support our rapidly growing, 15 internally managed investment strategies."
M.D. Sass currently manages more than $13 billion in assets, comprised of hedge funds, private equity funds and separately managed accounts.
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 McKitich, CIO of Petty 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…
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.