Wednesday, 1 October 2014
Last updated 10 hours ago
Oct 29 2008 | 12:23pm ET
New York-based Oak Hill Advisors has tapped a trio of ex-Lehman Brothers executives to beef up its structured products group. The firm has hired Goran Puljic, T.K. Narayan and Scott Snell to focus on investment opportunities in the credit markets.
Previously, the trio managed US$2 billion in structured credit assets, through both third-party fund vehicles and proprietary capital, at Lehman Brothers Private Equity.
“The investment opportunities in structured credit products are substantial, given the recent market dislocation, and can generate very attractive risk-adjusted returns over the next several years,” says Glenn August, Oak Hill’s president. “Our expansion into this market segment continues the growth of our business and is a natural fit with our 20-year history of value investing in corporate credit.”
Oak Hill Advisors currently manages more than US$11 billion of committed capital, including credit hedge funds, distressed funds, long-only funds and other specialty credit products.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...