Tuesday, 23 September 2014
Last updated 1 hour ago
Aug 26 2009 | 8:58am ET
Lighthouse Prime Services, which specializes in providing prime brokerage services to emerging and newly established hedge funds and managed account platforms, is hosting a slate of events as part of its capital introduction program.
The firm, in conjunction Hedge Connection, will be hosting an event in New York City on Sept. 30, one in Palm Beach, Fla., on Nov. 5, and a year-end event in New York City on Dec. 8.
According to the firm, the investor roundtable events provide an open forum for a select number of hedge funds, allowing the funds to meet with several investors comprised of family offices, fund of funds, endowments and seeders, in a fast paced yet intimate setting.
“The success of these events has been driven by a constant stream of talented managers, matched with a rotating roster of highly engaged investors,” said Steven Simmons, managing director of Lighthouse Prime Services. “While it’s obviously gratifying to hear of our managers receiving allocations, it’s even more encouraging to hear the investors coming back complimenting the quality of the managers and asking to be a part of our events going forward.”
According to Simmons, investors meet a significant number of funds in a short amount of time and are able to learn the key differentiation factors in creating alpha. The roundtable portion of the event is focused and goal-oriented and is followed by a cocktail hour in which funds and investors are able to interact in a more informal environment.
“Our ability to provide a bona fide capital introduction program to our prime brokerage clientele is a key differentiating factor among the introducing prime brokers, and reinforces our commitment to being a partner in our client’s growth,” said Jamie Caputo, managing director and co-head of Lighthouse Prime Services.
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 McKitich, CIO of Petty 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…
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.