Tuesday, 23 September 2014
Last updated 54 min ago
Jan 14 2009 | 10:20am ET
Hedge fund cash management shop Horizon Cash Management has hired Taylor Nigro as director of sales responsible for marketing the firm’s services to investment managers throughout the Northeast.
Nigro reports to Pauline Modjeski, president of Horizon Cash Management.
Most recently, Nigro was a financial advisor in institutional and individual sales at Wachovia Securities where he was involved in analyzing, designing and selling portfolio services.
Nigro’s hiring comes on the heels of the firm’s announcement that it has captured more than $600 million in new assets last quarter as many hedge fund managers look to park their cash with an independent specialized provider.
“The same reasons cash came to the forefront last year are even more important to managers and their investors,” said Modjeski. “In a post-Madoff world, independent, third-party providers will be looked to even more.”
Sep 22 2014 | 4:15pm ET
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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.