Monday, 26 January 2015
Last updated 2 hours ago
Feb 8 2008 | 12:00am ET
British hedge fund Tisbury Capital is closing its U.S. operation due to “underperformance.”
Tisbury’s Boston office, which opened just last year, employed 12. The U.S. arm was battered by several busted event-driven trades, most notably the failed leveraged buyout of credit-card issuer Alliance Data System, The Wall Street Journal reports.
Tisbury’s European operations remain strong, the Journal adds.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…