Thursday, 18 September 2014
Last updated 13 hours ago
Apr 16 2008 | 2:05am ET
Greg Coffey, the GLG Partners hedge fund manager who resigned on Monday only to un-resign yesterday, may yet leave the firm.
Coffey, who runs five funds with US$7 billion in assets at the London hedge fund shop, plans to start his own hedge fund, Bloomberg News reports. The Australian joined GLG five years ago.
According to a filing with the U.S. Securities and Exchange Commission, GLG and Coffey are “in discussions concerning a range of options for the future” in the wake of his decision to withdraw his resignation.
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.