Absolute Return’s David Graubard recently sat down with Semper chief executive Greg Parsons and Seer’s co-chief investment officer and co-founder, Richard d’Albert, to discuss the structured credit …
$50bn Hedge Fund Ochs-Ziff Bets Big on Aircraft Lease
Ten months ago, Ochs-Ziff partnered with GE Capital Aviation Services, a dominant player in the global aircraft leasing business, in a $700m ABS freeing up cash by securitising leases on 24 planes to 16 airlines. Now, the New-York based hedge fund and asset manager has closed a repeat deal …
Arena Investors’ Niche Global Deals Bring Returns, Inflows
Daniel Zwirn can take a punch. In 2009, the multi-billion dollar credit hedge fund D.B. Zwirn imploded and closed due to the CFO’s “knowing misuse” of client funds. The firm returned all investor capital …
Trading Up: Upstart Direct Edge Aims For Place Among Top Exchanges
Direct Edge Holdings, an eletronic communications network that has captured 10 percent of the U.S. equity trading market over the past four years, has thrived by offering traders in search of alternative …
Raising Cash: Alcatel-Lucent Moves to Strengthen its Balance Sheet by Selling its Stake in Defense Electronics Giant Thales
Telecom equipment giant Alcatel-Lucent, of Paris, had been in talks for months with possible buyers of its 21 percent stake in Thales Group, the French defense electronics company. On December 20 it …