Event

2 protégés from billionaire Steve Cohen's investment firm are gearing up for a big hedge fund launch

6 monthes ago   |   By

AP Images A tech focused stock team from Steve Cohen's investment firm is readying for launch.
KCL Capital, founded by Chris LaSusa and Kevin Cottrell, plans to open November 1 with 11 people on staff, people familiar with the situation said.
The New York-based firm's name is a combination of the founders' initials, the people said. The firm, which has been making the rounds at hedge fund investor events, is expected to raise hundreds of millions of dollars over the coming months, though an exact target is unclear.
The people asked to go unnamed because the information is private.
KCL...
Read more ...

 

Brevan Howard, an $11 billion hedge fund, is betting on volatility in the world's most important market

Brevan Howard, an $11 billion hedge fund, is betting on volatility in the world's most important market

6 monthes ago   |   By

REUTERS/Andrea Comas Brevan Howard, the London-based hedge fund run by billionaire Alan Howard, is launching a new fund to bet on an increase in volatility in the US Treasury market.
The fund, called the Brevan Howard CMS Curve Cap Master Fund, will be led by senior trader Rishi Shah, who has been with the firm since 2010 in Geneva and New York, according to documents seen by Business Insider.
The new fund will use what are called constant maturity swap curve caps to bet on both a steepening of the US yield curve and an increase in curve volatility.
In simple terms, the yield curve shows...
Read more ...

 


Search by Tags

   Event      Family      Money      New York      BI Prime      KCL Capital      Chris LaSusa      Kevin Cotrell      Hedge Funds      Senior      Business      London      Brevan Howard      Alan Howard      Rishi Shah  


Amazon spikes to an all-time high after crushing earnings

Amazon spikes to an all-time high after crushing earnings

Markets Insider Amazon reported first-quarter earnings that crushed expectations on Thursday. The stock spiked to an all-time high, up more than 7%, on the results. Follow... Read more ...

Tourism Minister describes ATM 2018 as a key platform for Egypt

Tourism Minister describes ATM 2018 as a key platform for Egypt

The newly elected Tourism Minister of Egypt, Dr. Rania Al-Mashat took part in Arabian Travel Market 2018 in Dubai for the first time and explained the trade show as a thriving... Read more ...

Bill Cosby has been found guilty of drugging and sexually assaulting a woman

Bill Cosby has been found guilty of drugging and sexually assaulting a woman

Associated Press/Matt Rourke A Norristown, Pennsylvania, jury has found Bill Cosby guilty of drugging and sexually molesting Andrea Costand in 2004, according to the Associated... Read more ...

Four Seasons Hotel New York Downtown Celebrates Mother's Day

Four Seasons Hotel New York Downtown Celebrates Mother's Day

The Spa at Four Seasons Hotel New York Downtown is partnering with iconic UK brand Soveral. Founded in London in 2005 by Alexandra Soveral, Soveral was established as a unique... Read more ...

Trump reportedly called Michael Cohen to complain after he saw the lawyer...

Trump reportedly called Michael Cohen to complain after he saw the lawyer eating breakfast with Mark Cuban

Kevork Djansezian/Getty Images President Donald Trump reportedly complained to his lawyer, Michael Cohen, about him having breakfast with billionaire Mark Cuban. Cuban told The... Read more ...

New survey shows consumers are wary of smart home devices invading their privacy

New survey shows consumers are wary of smart home devices invading their privacy

This story was delivered to Business Insider Intelligence IoT Briefing subscribers hours before it appeared on Business Insider. To be the first to know, Read more ...

12 people you will probably see at Prince Harry and Meghan Markle's wedding

12 people you will probably see at Prince Harry and Meghan Markle's wedding

Chris Jackson/Getty Images The guest list for the royal wedding has been finalized and everyone is curious to know exactly who is on it. Serena Williams and Priyanka Chopra are... Read more ...

10 ways you can make your coffee habit actually healthy

10 ways you can make your coffee habit actually healthy

Mohammad Khursheed/Reuters A coffee addiction can have drastic effects on your body, but there are ways to manage it in a healthy manner. Coffee shouldn't be the only breakfast... Read more ...

Trump showed up late to Michael Cohen's son's bar mitzvah - then humiliated...

Trump showed up late to Michael Cohen's son's bar mitzvah - then humiliated him in front of all the guests

Richard Drew/AP President Donald Trump reportedly humiliated his longtime lawyer Michael Cohen at his son's bar mitzvah in 2012. Trump showed up late to the bar mitzvah and... Read more ...

LIVE: Microsoft shares take a 2% hit after announcing a big beat on earnings

LIVE: Microsoft shares take a 2% hit after announcing a big beat on earnings

Getty/Mark Wilson Microsoft announced its quarterly earnings after the bell. Shares in the software titan are trading at about 2% lower after the numbers crossed. Here are the... Read more ...