Wednesday, 22 October 2014
Last updated 14 min ago
Jan 13 2006 | 8:16pm ET
Alternative asset firm Black Diamond Capital Management has promoted Mounir Nahas to the newly-created position of senior managing director and chief operating officer.
In his new role, Nehas will be responsible for product structuring, liability management, corporate finance and capital market activities. He will also head up the firm's finance group, investor relations, treasury and management information systems.
Black Diamond has $7 billion in asset under management in a combination of hedge fund, private equity and structure vehicles.
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 ...