Friday, 19 September 2014
Last updated 11 hours ago
Feb 8 2008 | 1:01am ET
New York-based Greenwich Investment Partners, a specialists in value-based long/short equity management, may be shutting its doors.
The $50 million hedge fund, headed by Fir Tree Partners veteran Mike Esposito and his partner Lawrence Rawson, is apparently closing because of its size, or lack thereof, rather than as a result of performance issues.
“We may be winding down the fund but a final decision has not been made,” said Esposito, who denied rumors that the firm is relaunching under a new format with the addition of an ex-Goldman Sachs Asset Management fund manager.
Esposito declined to comment on his or his partner’s future endeavors.
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.