The American activist hedge fund Elliott Management paid the 106 staff at its British business a combined £137 million last year after the division enjoyed a return to profit.
Hedge Fund and Insider Trading News: Carlson Capital, Westbeck Capital Management, Archegos Capital Management, Insight Partners, African Rainbow Minerals Ltd (AFBOF), Arista Networks Inc (ANET), and More
The exodus at Clint Carlson‘s eponymous hedge-fund manager continues. The $4.8 billion Dallas-based firm has lost several top executives recently including chief legal officer Joe Brucchieri, head of human resources Nicole Mascera, and deputy chief legal officer Whitney Fogle Lewis. Chief risk officer Jehan Akhtar is also set to retire in May.
Switzerland’s top financial regulator said the collapse of
Archegos Capital Management LP will have consequences for how banks deal with risk as one of the country’s biggest lenders counts its losses from exposure to the investment firm. “This will be meticulously examined and there will be lessons, maybe for regulators, maybe for the banks who were involved, maybe for supervisors,” Mark Branson, the head of Swiss regulator Finma