Wednesday, 1 October 2014
Last updated 52 min ago
Oct 31 2006 | 10:30am ET
Jolyne Caruso, global head of Lehman Brothers Absolute Return Strategies unit and a well-known figure in the overwhelmingly male world of hedge fund executives, is leaving the firm by the end of the year.
The reason for Caruso’s departure from Lehman after less than two years on the job is not known, and she could not be reached for comment by press time.
Before joining Lehman to run the firm’s $6.5 billion portfolio of hedge fund investments in March of 2005, Caruso co-founded $3 billion hedge fund firm Andor Capital. Caruso has also served as chairman and president of JPMorgan Securities and head of its Equities-Americas division.
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...