Sunday, 24 May 2015
Last updated 1 day 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…