Tuesday, 21 October 2014
Last updated 3 hours ago
Nov 13 2006 | 5:12pm ET
The Blackstone Group’s fund of hedge funds unit has named a New York managing director to head its five-year-old London office.
Gideon Berger, a member of the Blackstone Alternative Asset Management investment team, will move to the U.K. at the beginning of next year, where he will lead its business in Europe, the Middle East and Asia. He has been with the firm for four years.
“Gideon’s move to London follows closely on our decision to move Alberto Santulin to London earlier this year to lead our European investment team, as well as our decision to move Greg Hall to Hong Kong to lead our Asian investment research team,” BAAM President J. Tomilson Hill said. “As our investors become more global and we seek more investment opportunities overseas, adding more senior investment talent in Europe and the Pacific Rim makes sense.”
BAAM manages about $15 billion in assets, $4 billion out of London.
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…
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 ...