Tuesday, 21 October 2014
Last updated 2 hours ago
May 5 2008 | 11:52am ET
Jim Wilk, head of operations at the Carlyle Group’s hedge fund unit, has left to join London activist shop The Children’s Investment Fund.
Wilk was named chief operating officer at TCI, succeeding Catherine O’Reilly, who resigned last year.
He joined Carlyle Blue Wave last year, serving as managing director and head of operations. Blue Wave had a difficult year in 2007, falling by double-digits. In addition to his Carlyle experience, Wilk has also spent time at hedge funds D.B. Zwirn & Co., Ramius Capital Group and Paloma Partners, as well as Tiger Management in the early 1990s.
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 ...