Tuesday, 30 September 2014
Last updated 2 hours ago
Dec 18 2008 | 2:57am ET
Prime brokerage risk manager S3 Partners had added the former head of prime brokerage at Citigroup as a managing director.
Thomas Tesauro joined the New York-based firm, which provides portfolio-critical price discovery and best execution for financing services, this week. He is responsible for the collateral management and financing desks.
Tesauro was most recently co-head of global prime finance at Citi. He has also headed U.S. securities lending at Goldman Sachs and helped create Smith Barney’s equity finance business, which included prime brokerage.
“Tom is a great addition to our team and his integrity, experience, market contacts and knowledge will be of great benefit to our clients, both hedge fund managers and investors in the alternative space,” said Bob Sloan of S3. “The world is changing every day and it has never been more important than now to be cognizant of your counterparty relationships and the value and real exposures they bring to your business.”
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...