Friday, 19 December 2014
Last updated 15 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.