Thu, Dec 8, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Alden Global Capital makes two new hires

Friday, June 20, 2014

Bailey McCann, Opalesque New York:

Alden Global an opportunistic, event-driven hedge fund managing $2bn in assets has made two new hires - Marc Mendelson and Ben Belfer. Both men will come on as Managing Directors in the Investor Relations Team.

Prior to joining Alden, Mendelson was Head of the Americas of the J.P. Morgan Capital Introduction team. In his new role, he will focus on institutional investors.

Belfer was previously with Third Avenue Management, where he focused on business development and client service for Alternative Investments. At Alden he will spend his time on the family office, multi-family office and high net worth channels.

Alden Global was created in 2007 by Randall Smith, a distressed debt manager. Alden has been in the news lately for its involvement in news media in Salt Lake City, Utah. At issue is the operation of Deseret News a Mormon-backed news outlet and the Salt Lake City Tribune a non-religious news outlet, which operated under the same parent company. In 2011, Alden effectively bought the Tribune part of the company, and as the complaint alleges received a substantial payment from the Deseret News side. Tribune supporters say that a joint operating agreement signed in 2013 effectively gutted the Tribune, leaving only Mormon backed media in the city. Supporters of the Tribune are seeking an injunction on the agreement as part of an effort to revive independent news in Salt Lake.

......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released