Thursday, 30 October 2014
Last updated 10 hours ago
Mar 30 2009 | 1:00am ET
The former compliance chief at Pacific Alternative Asset Management Co. is going into business for herself.
Patricia Watters has founded Catalina Partners, a risk management firm, aiming to capitalize on an increasingly important area for the hedge fund industry, HedgeFund.net. Watters is no stranger to the area, having spent the past seven years as chief operating officer and chief compliance officer at PAAMCo. She’s joined at the new venture by co-founder Mason Snyer, a former director with Deloitte & Touche’s regulatory and capital markets consultancy.
“Operational due diligence used to be a ‘nice to have,’” Snyder told HFN. “We submit it’s now a ‘have to have.’”
“We’re going to be in the sweet spot for institutional investors who want to have the assurance that they’re investing in the right business,” Watters added.
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…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.