Thursday, 23 October 2014
Last updated 1 hour ago
Jan 27 2009 | 6:22am ET
Lasair Capital has added a hedge fund industry veteran as CFO, it told investors yesterday.
John Suglia joined the year-old hedge fund from Aeneas Capital Advisors, which he co-founded a decade ago. Prior to starting Aeneas, he worked at Moore Capital Management, where he also served as CFO. He replaces Matt Gilman, who has left Lasair.
Former Blackstone Alternative Asset Management CEO Carrie McCabe founded Lasair last year, calling it a “next generation” fund of hedge funds shop. In a letter to investors on Monday, McCabe called Suglia’s hire a “significant addition.”
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...