Friday, 29 August 2014
Last updated 13 hours ago
May 13 2008 | 8:43am ET
A former top mutual fund manager at Fidelity Investments has founded a hedge fund.
Graham Clapp, who headed European equities at Fidelity International before his departure last year, has set up Pensato Capital in London, according to regulatory filings. The firm plans to launch a long/short equity fund focusing on Europe, Financial News reports.
Clapp managed Fidelity’s €21 billion (US$27 million) European growth fund for four years. At Pensato, he will work alongside Dawnay, Day Investment Banking veteran Edward Rumble and David Watson, former chief operating officer at private equity firm Coller Capital.
Goldman Sachs is Pensato’s prime broker.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...