Saturday, 20 September 2014
Last updated 1 day ago
Jul 23 2008 | 11:40am ET
New York credit hedge fund Aravali Partners has added a 22-year Morgan Stanley veteran to boost its institutional sales and business development efforts.
David McMahon joins the $225 million firm, which specializes in municipal arbitrage, relative-value fixed-income and concurrent hedging strategies, from Morgan Stanley, where he focused on municipal bond and derivative sales.
“We are excited to tap David’s unique knowledge and 22 years of experience in the municipal market to expand our collective talents here at the firm,” Mark Young, president, said. “The timing of David’s association with the firm comes during a period of unprecedented dislocation in our markets and we look forward to working with him to capitalize on these opportunities.”
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.