Friday, 19 September 2014
Last updated 8 hours ago
Jul 2 2008 | 12:47pm ET
London-based asset manager New Star is getting a new alternative investments chief.
Donald Pepper will join New Star from Merrill Lynch International in September. He will lead its 10-member hedge fund team and oversee both its single-manager funds and funds of funds.
“Donald is a welcome addition to the hedge fund team and demonstrates the importance we attach to the growth of this area of our business,” New Star Chairman John Duffield said.
Meanwhile, another British asset manager is losing a top hedge fund manager.
Paul Findley, head of U.K. high alpha at Threadneedle, has resigned. Leigh Harrison will take over the high alpha team and Mark Westwood the U.K. Crescendo hedge fund until a permanent replacement is found.
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.