FrontPoint Boosts Financial Services Fund Team

Jan 10 2007 | 9:54am ET

FrontPoint Partners has hired Tom Monaco as an executive director within its $730 million Financial Services Fund, according to Finance Asia.  Monaco will be covering all Asian and U.S. banking markets.

Monaco will be based in New York and will report to Steve Eisman, portfolio manager for FrontPoint’s Financial Services Fund.

Monaco joins FrontPoint from brokerage Sterne Agee & Leach, a broker/dealer where he served as a senior vice president covering U.S. banks. Monaco also formerly worked as a financial institutions equity analyst in Hong Kong for Bear Stearns, Lehman Brothers and Morgan Stanley.

FrontPoint was acquired by Morgan Stanley in late 2006 and is currently managing some $5.5 billion in assets.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    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…