At hand is an ever-growing asset management industry and the deepening nexus of banks, brokers, trusts and insurance companies.
NYS Entity Status
NYS Filing Date
JULY 24, 2013
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED PARTNERSHIP
2013 - NEXUS CAPITAL MANAGEMENT I L.P.
2013 - NEXUS CAPITAL MANAGEMENT LP
Around the Web
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NEW YORK — Martin Shkreli, accused of defrauding his hedge fund investors and a pharmaceutical company, was convicted on three of eight counts on Friday, after a five-week trial in U.S. District Court in Brooklyn, N.Y.Shkreli was accused of securities and wire fraud related to two hedge funds he ran, MSMB Capital and MSMB Healthcare.The prosecution brought forth an “avalanche” of evidence, as prosecutor Jacquelyn Kasulis put it in her rebuttal argument, that included a threatening letter he sent to the wife of a former employee, statements he sent to MSMB investors showing great returns at the same time he had no money in fund accounts, three versions of a backdated agreement to make it look as if MSMB Capital had invested in Retrophin when it had not, as well as claims about assets under management that were wildly out of line with his actual fund size.
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Appoint young executives, groom them to your liking—and save some money while you’re at it. That seems to be Brazilian private-equity firm 3G Capital Partners LP’s playbook for the companies it controls.
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Damien Riat was one of the eleven players cut by the Washington Capitals today. He will thus return to Genève-Servette HC.
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Louis Bacon’s hedge fund just got a little leaner. The billionaire’s Moore Capital Management cut 30 jobs at its New York and London offices, a spokesperson for the firm confirmed. Moore Capital’s headcount reduction accounts for 7 percent of the $13.4 billion fund’s 427 person workforce. “Like many firms in our industry, Moore Capital Management...
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The financier, who dislikes the term “activist,” has made his name by investing in companies using a friendlier approach. But he’s still an activist.