Sunday, 28 December 2014
Last updated 6 hours ago
Jan 16 2007 | 10:06am ET
The leaders of Canadian paper producer Catalyst Paper are making way for Third Avenue Management.
The New York-based hedge fund hiked its stake in the Vancouver, British Columbia-based company last year, triggering golden parachutes of C$4.8 million and C$1.6 million, respectively, for outgoing CEO Russel Horner and CFO Ralph Leverton. Last month, four Third Avenue-picked directors joined Catalyst’s board.
Catalyst’s newly-constituted board will choose their successors at or before its March 28 annual meeting.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.