Thursday, 21 August 2014
Last updated 34 min ago
Mar 7 2008 | 10:40am ET
A top Bear Stearns executive is jumping ship, joining New York hedge fund P. Schoenfeld Asset Management.
Louis Friedman, who led Bear’s mergers and acquisitions group and served as vice chairman of investment banking, will run a new strategy focused on private investments and long-term public holdings at P. Shoenfeld, which specializes in merger arbitrage and manages more than $3 billion. Friedman also joins the investment committee at his new home.
CEO Peter Schoenfeld will work with Friedman on the new strategy.
Friedman “brings a deep understanding of industry dynamics and possesses significant and relevant experience in both the public and private sectors, which will be critical as we expand into this new strategy under his leadership,” Schoenfeld said.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note