Tuesday, 28 July 2015
Last updated 11 min ago
Apr 17 2009 | 8:33am ET
Allen Wolkow and Janah Angelou, both formerly of Ramius Capital Group, have founded Hedge-Source, a securities-lending consulting firm. The New York-based operation targets hedge funds that do not have their own in-house securities lending units and focuses on equity strategies.
According to Angelou, there is a growing trend amongst hedge funds to either employ or consult securities lending professionals, as funds are reevaluating their financing practices.
“Hedge funds are becoming increasingly aware of the opportunities that were previously overlooked,” said Angelou. “In this environment, fund managers are eager to recapture the alpha that has been lost on borrowed securities.”
Wolkow has spent the last 23 years and Angelou the last 15 years specializing in securities lending at various hedge funds.
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May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…