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hedge funds • fund of funds • endowments/foundations • sovereign wealth funds/government • family offices
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News

We aggregate on a daily basis the most relevant news for professionals interested in content and trends about hedge funds/alternative investment firms. We invite you to contact us with any news you think we should add to our site

Hoang Joins Scotia as Senior Derivatives Strategist

The asset management arm of Bank of Nova Scotia has hired Damian Hoang as a senior derivatives strategist to assist some of its well-known money managers.

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Lynch Starting as Credit Portfolio Manager at Moore Capital

Moore Capital Management LP, the hedge fund founded by Louis Bacon, hired former Morgan Stanley executive Patrick Lynch as a credit portfolio manager at the $15 billion firm, according to an investor.

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Cooksey Joins Advisory Board of SVP

Sir David Cooksey, the former chairman of UK Financial Investments, the vehicle that holds the government’s stake in bailed-out banks, has joined the advisory board of Strategic Value Partners (SVP), a hedge fund, according to a person familiar with the matter.

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Tiernan Joins Oak Hill as Managing Director

Oak Hill Advisors (OHA), an over $13bn manager of credit hedge funds and distressed funds, has hired former UBS employee Declan Tiernan as managing director in the client coverage group, according to an announcement Thursday by the New York-headquartered firm.

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Thorn Joins Two Sigma as CIO for Private Markets Investments

Two Sigma Investments, which runs approximately $9 billion in hedge fund investments, has hired Wray Thorn, who was until recently a senior managing director at Marathon Asset Management, as chief investment officer for “private markets investments” for its Two Sigma Holdings division, a new position.

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McGoey and Cen Planning to Launch $100M Lees Hill Capital Management in Q3

Two former QVT Financial principals, who were founder members when the activist hedge fund span out of Deutsche Bank’s prop desk in 2004, are prepping a new event driven fund planned to launch in Q3 this year, HFMWeek has learned.

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Healthcare Portfolio Manager Evans Leaves SAC Capital

Eric Evans, a portfolio manager focused on healthcare at Steve Cohen’s $14bn hedge fund titan SAC Capital, has departed the firm, HFMWeek can exclusively reveal.

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Attalus Capital Loses Contract with Oklahoma Retirement System

Oklahoma Police Pension & Retirement System, Oklahoma City, terminated hedge-fund-of-funds manager Attalus Capital, which ran $73 million, because of personnel changes, confirmed Steven Snyder, executive director and chief investment officer of the $1.8 billion retirement system.

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Hedge Fund Vet Fleckenstein Joins Agecroft as Managing Director

Agecroft Partners, a global hedge fund consulting and third party marketing firm, has hired hedge fund veteran Cara Fleckenstein as a Managing Director.

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Sim Joining Singapore Sovereign Wealth Fund Temasek

The global head of mergers and acquisitions at Credit Suisse, Boon Sim, is leaving to take a senior position at Temasek, Singapore’s sovereign wealth fund.

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