Monday, 20 October 2014
Last updated 2 days ago
Mar 28 2008 | 10:48am ET
Credit Suisse is set to commit as much as $300 million to renewable energy investments under a deal with private equity firm Hudson Clean Energy Partners.
Under the joint venture, John Cavalier, head of CS’s renewable energy investment banking practice, will join Hudson as a partner. Cavalier and Neil Auerbach, Hudson’s founder, will be the managing partners of the investment platform.
“Credit Suisse has been looking to invest its own capital in renewable energy for a long time, and the firm has been supportive of my desire to transition from investment banking to principal investing in the sector,” said Cavalier.
Hudson’s investment strategy focuses on high-growth, asset-based, capital-intensive segments of the clean energy value chain using commercialized technologies to extract energy from wind, solar, geothermal, biomass and other renewable sources.
Prior to founding Hudson, Auerbach was a partner at Goldman Sachs, where he created and led its U.S. alternative energy investment business and managed more than $3 billion in assets for the firm.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...