Sunday, 29 November 2015
Last updated 1 day ago
Sep 25 2009 | 12:35pm ET
Hedge fund and private equity veteran Stephan Wilcke has been charged with leading Britain’s toxic asset insurance program.
The former head of European financial services at Apax Partners takes the reins at the Asset Protection Agency on Monday, the U.K. Treasury said. Wilcke takes over as CEO from Jeremy Bennett, who has managed the £585 billion bailout program since its creation in January.
“The asset protection scheme is a central part of the government's efforts to stabilise the financial sector and promote the flow of credit in the economy,” Paul Myners, the U.K. financial services minister, said. “The announcement of the APA's chief executive is an important milestone as we move towards implementation of the scheme.”
Wilcke most recently worked at Cairn Capital, a collateralized debt obligation- and mortgage-backed securities-focused hedge fund.
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…