Sunday, 28 December 2014
Last updated 3 days ago
Jun 23 2008 | 11:27am ET
Two former Citigroup executives who oversaw some of the Wall Street giant’s huge losses are starting a hedge fund.
Randy Barker and Geoff Coley, who headed fixed-income at Citi before their departures late last year, are in the early stages of planning the fund and have spoken with some potential investors, according to Reuters. The fund is expected to focus on distressed debt and other credit strategies.
Barker and Coley are also in the market to hire traders and other staffers for the new venture.
At Citi, Barker and Coley oversaw a division responsible for a big chunk of the firm’s huge credit losses.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.