Wednesday, 1 October 2014
Last updated 2 hours ago
Oct 27 2006 | 11:44am ET
Continuing to build its presence in London, Aladdin Capital Management has added a pair of Goldman Sachs veterans to its six-month-old office in the U.K.
John Brewer and Tim Goodale, recently principals at Fusion Asset Management, bring with them their Fusion Relative Value Credit Fund, which is to be renamed the Aladdin Relative Value Fund. They join Peter Allan, who came to Aladdin earlier this year to manage its European loan business.
“We’re looking to have a larger, more thorough global footprint,” explains Stamford, Conn.-based Aladdin’s George Marshman. “We like the personnel involved a lot. For us, it’s an opportunity to expand on the success we’ve had on our credit funds here in the U.S. and other aspects of the business that we hope to replicate in London.”
Marshman declined to say how large the Relative Value Credit fund is currently; it was seeded with US$25 million at the end of 2004.
In addition to adding Brewer, Goodale and their fund, the firm is prepping its first European collateralized loan obligation and its new Aladdin New Alternatives hedge fund, which will invest primarily in securitized instruments.
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…
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