Sanjay Shah sentenced to 12 years for masterminding cum-ex tax scheme

Solo Capital’s Sanjay Shah has been sentenced to 12 years in prison for defrauding Denmark of $1.3 billion. The UK [Read More]
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Closing: Seven Eight Capital

New York-based Seven Eight Capital, a quant fund which traded for Schonfeld Strategic Advisors for many years, is shutting down [Read More]
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Preqin: New hedge fund launches likely to set 24-year low

New hedge fund launches are likely to hit their lowest level in 24 years due to challenging asset-raising conditions in [Read More]
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Sightings…

Minnesota-based Garda Capital Partners has sued Schonfeld Strategic Advisors for hiring Nicolas Monaghan, one of its most important portfolio managers. [Read More]
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Iowa Public Employees approves five absolute managers

At its December 6 meeting, the $44.6 billion Iowa Public Employees Retirement System approved the hiring of five absolute return [Read More]
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