Monday, 22 September 2014
Last updated 2 days 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.
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.