Thursday, 27 November 2014
Last updated 23 hours ago
Jan 14 2009 | 12:59pm ET
Two 25-year-old Harvard University graduates from Greenwich, Conn., are braving the economic downturn by joining their hometown business. The duo is launching a macro hedge fund to invest in currencies, fixed income and commodities.
Newly-minted hedgies Brendan Petri and Manuel Aguilar next week will launch Thresher Global Management, the Stamford Advocate reports. The pair said the fund will benefit from volatility in the stock market and that they intend to grow the fund, which already has capital from three family offices and five individual investors, “as fast and as much as possible.”
Previously, Petri worked for two years as an analyst for a private equity group with Palisade Capital Management, while Aguilar was an analyst for a private equity group with Invercorp International.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...