Friday, 27 November 2015
Last updated 1 day ago
Nov 21 2008 | 1:05am ET
Sal Naro, co-founder of now-defunct Sailfish Capital Partners, has resurfaced as global co-head of equities, commodities and risk management at Markit, a financial information services company.
Naro will be based in Markit’s New York office. His former shop, a multi-billion dollar fixed-income hedge fund, blew up earlier this year with the two partners of the Stamford, Conn.-based hedge fund—Mark Fishman and Naro—reportedly getting into a shouting match during the fund’s final days, ordering traders to liquidate all of the fund’s positions.
“I have worked closely with Markit for many years and have great admiration for the firm’s success in bringing transparency and efficiency to the over-the-counter markets,” said Naro. “I consider Markit to be the firm of choice in the financial information services arena and I look forward to being part of its drive to improve infrastructure in the global OTC markets.”
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…