Wednesday, 30 July 2014
Last updated 2 hours ago
Jul 23 2009 | 2:24am ET
Rangeley Capital certainly had a quarter for the ages.
The two-and-a-half-year-old event-driven hedge fund soared 50.8% in the second quarter, the firm said in its first-half update to investors. And it needed to: Rangeley erased its first-quarter losses, and finished the first six months of the year up 15.7%, well above the average hedge fund, according to several hedge fund indices.
New Canaan, Conn.-based Rangeley was founded by former Mangan & McColl Partners analyst Christopher DeMuth, and launched its hedge fund in January 2007.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…