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But in a sign that the operation was preparing to shut down, chief financial officer Brennan Mc Caw left a few weeks ago.

Including Mc Caw, Kavi had six employees, with four working on the investment side. Wed, Technology-stock shop Lucha Capital is accepting new investors for the first time since launching three years ago. Wed, A longtime industrial-stock specialist is mulling the launch of a hedge fund.

Wed, Last week’s presidential primary in Argentina likely dealt a blow to investors in a Highland Capital fund that was just starting to recover from a whopping 40% loss last year.

The Highland Argentina Regional Opportunity Fund was showing a year-to-date gain of 10.3% through Aug. But that was before President Mauricio Macri suffered a surprise loss in the Aug.

Thomas De Angelis, who joined Putnam in February 2018, started this month as head of recruiting for Citadel’s Global Equities unit.

In his new role, De Angelis is responsible for scouting portfolio managers, analysts and traders for the New York operation — the largest of three fundamental equity-trading units of...

Wed, RD Legal Faces Usury Complaint On July 29, RD Legal Funding filed a motion in New York State Supreme Court seeking dismissal of a lawsuit brought by then-New York Attorney General Barbara Underwood.

The suit accuses RD, which invests in legal settlements, of violating state usury laws by advancing money to victims of terrorism and first responders to the 9/11 attack on the World Trade Center at exorbitant financing rates. Wed, SEC Penalizes Derivatives Trader The SEC on July 18 ordered rates trader Swapnil Rege to pay 0,000 to settle charges that he inflated the values of interest-rate swaps he managed at Marinus Capital in order to earn a higher bonus. But because it inflated the value of Marinus’ assets, it led the Darien, Conn., firm to charge investors in its fund 7,000 of excess management fees. Wed, Regulator Wraps Up Visium Case On July 15, the SEC obtained a final judgment against former Visium Asset Management executive Christopher Plaford, barring him from working in the securities industry.

Kahr, a former Jericho Capital partner who launched Ailanthus in 2015, notified investors this month that she plans to wind down Ailanthus Master Fund by Aug. After posting a 6.6% loss in May, the fund’s assets dropped to 1 million — with more than half of the total invested by funds of funds. Wed, Quantix Commodities, a futures-trading startup led by three former Goldman Sachs executives, has raised its first big chunk of outside capital.

11 primary, triggering a crash in Argentina’s stock and bond markets. Wed, Prosecutors, Regulators Allege Range of Infractions Prosecutors and defense lawyers are still parsing a series of court rulings that have sent conflicting signals about the legal definition of insider trading. Supreme Court let stand the conviction of another SAC...



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