Ex-Citi FX trading head Anil Prasad readies macro hedge fund... [more]From Reuters.com: Former global head of foreign exchange at Citigroup, Anil Prasad, is preparing to launch his own hedge fund in the first quarter of 2015, three sources familiar with the matter said.
The launch comes as global regulatory changes restrict banks from trading with their own mone
Data analysis startup Thinknum raises $1m in seed round... [more]From Wallstreetandtech.com: Thinknum, a web-based financial analysis platform targeting hedge funds as customers, announced today it has raised $1 million in seed funding from a group of investors. Leading the seed funding round is Pejman Mar Ventures, a firm founded by the famed angel investor Pejm
Citadel and Virtu prepare for tilt at OTC market... [more]From Risk.net: Outside the office of one European bank's head of fixed income, trading floor TVs are showing the last minutes of a World Cup giant killing. Tiny Costa Rica – which has no history of footballing success on the world stage – is about to dump Italy, a traditional superpower, out of the
Hedge funds lose ground while private equity gains... [more]From Valuewalk.com: Over the last three years, wealthy families have increased exposure to private equity investments, while reducing exposure to hedge funds, commodities and fixed income, says a new report from Tiger 21.In the third quarter of 2011, Tiger 21 members, wealthy families representing n
Manager Profile – Eaglewood sees online platforms as future of lending... [more]From Risk.net: Eaglewood Capital Management, winner of the most innovative hedge fund award at the Hedge Funds Review Americas Awards 2014, is playing a central role in the evolution of the online lending industry.
As a proprietary trader at Lehman Brothers, Jon Barlow successfully shorted mor
Europe – Bank of Cyprus eyes €1bn cap bids, U.S. hedge funds in the running... [more]From Financialmirror.com: The Bank of Cyprus board is discussing all options that will lead to a capital increase of 1 bln euros following Friday’s close of bids from institutional and other investors, bringing the island’s leading lender closer to passing the European stress tests in October with f
…And Finally – Follow your true calling... [more]From Newsoftheweird.com: British lawyer Gary Stocker, 30, was headed to the top of the profession with an Oxford education and a six-figure salary -- when he decided instead to become a circus's human cannonball.
He is now The Great Herrmann in Chaplin's Circus under a 1,400-seat tent in the