Tuesday, 2 September 2014
Last updated 4 hours ago
Jul 7 2008 | 8:00am ET
Endeavour Capital, buffeted by huge losses and redemption requests, is launching a new fund with a little help from its friend.
The London-based firm’s new offering is backed by Barlcays. Barclays Capital, which will get a share of the fund’s performance fees, will finance the fund, according to the Wall Street Journal, while Barclays Global Investors may offer it capital introductions.
Endeavour’s US$1 billion flagship has lost 40% this year on bad bets on Japanese government bonds. In March, the firm lost 27% in a single day on so-called “box trades,” forcing it to slash leverage, which was once as high as 17-times.
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 ...