Sunday, 21 September 2014
Last updated 2 days ago
Feb 5 2008 | 12:16pm ET
Long-time activist investor Guy Wyser-Pratt and Knight Vinke Asset Management co-founder Patrick Dewez are planning a $1 billion hedge fund to target underperforming European companies.
The move by Wyser-Pratt, who manages some US$500 million from New York, is taking aim at some markets that are distinctly unfriendly towards shareholder activism.
“There’s a socio-political agenda,” he told the Financial Times. “I see that the two remaining communist countries in Europe are not in the east, they are Germany and France.”
The new fund will be managed from a new European office by both Wyser-Pratt and Dewez, who last year quit as CEO of Knight Vinke.
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.