Friday, 27 November 2015
Last updated 1 day ago
Dec 6 2006 | 12:42pm ET
Minneapolis-based hedge fund Deephaven Capital Management may be on the verge of signing a new agreement with its owners that could net its management additional millions in compensation.
Jersey City, N.J.-based trading firm Knight Capital Group bought Deephaven three years ago, and the $4 billion hedge fund contributes nearly one-quarter of Knight’s overall revenue. Now, the New York Daily News reports, Deephaven chief Colin Smith and his deputies are set to sign new, multi-million dollar contracts with Knight, keeping them at Deephaven, and setting aside rumors that Deephaven brass may have been seeking a separation or independence from Knight.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…