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Element Capital Management
Element Capital Management is an American hedge fund using a global macroeconomic investment strategy, founded in 2005 by Jeffrey Talpins. Company overview Element Capital is headquartered in New York City. In 2015, the company opened an office in Mayfair, London. In April 2017, Harvard University became a client of Element Capital, an early decision by the endowment’s then-new chief, N.P. “Narv” Narvekar. Other investors included the John D. and Catherine T. MacArthur Foundation, the Teachers Retirement System of Texas, and the Alaska Permanent Fund. The fund is almost always closed to new investments in order to remain an optimal size. The last time the fund opened to new capital was in mid-2018. It attracted $3 billion, mostly from existing clients, in just one month. In December 2018 ''The Wall Street Journal'' reported the fund had quietly become a “heavyweight,” managing $50 billion+. In January 2020, in order to continue prioritizing performance over asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeffrey Talpins
Jeffrey Marc Talpins is the founder and Chief Investment Officer of New York-based hedge fund, Element Capital Management. He is a “macro” trader who uses options to try to capture the upside of — and limit potential losses from — strategies aimed at anticipating global economic shifts.''The Wall Street Journal'' referred to Talpins as “the hedge fund king you’ve never heard of” and “the hottest investor on Wall Street.""Jeffrey Talpins Is the Hedge-Fund King You've Never Heard Of." ''The Wall Street Journal.'' December 2, 2018. Talpins founded the fund in 2005 at Proxima Alfa Investments USA LLC as Element Capital Group and then spun out into an independent firm in 2009. Element is one of the world’s largest hedge funds dedicated to macro investing with approximately $17.5 billion in assets under management and a 21% annualized return since inception, as of August 2018. By December 2018, the firm was described as a "heavyweight," managing $18.2 billion." Biograp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alaska Permanent Fund
The Alaska Permanent Fund (APF) is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). It was established in Alaska in 1976 by Article 9, Section 15 of the Alaska State Constitution under Governor Jay Hammond and Attorney General Avrum Gross. From February 1976 until April 1980, the Department of Revenue Treasury Division managed the state's Permanent Fund assets, until, in 1980, the Alaska State Legislature created the APFC. As of 2019, the fund was worth approximately $64 billion that has been funded by oil and mining revenues and has paid out an average of approximately $1,600 annually per resident (adjusted to 2019 dollars). The main use for the fund's revenue has been to pay out the Permanent Fund Dividend (PFD), which many authors portray as the only example of a basic income in practice. History Shortly after the oil from Alaska's North Slope began flowing to market through the Trans-Alaska ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hedge Fund Firms In New York City
A hedge or hedgerow is a line of closely spaced (3 feet or closer) shrubs and sometimes trees, planted and trained to form a barrier or to mark the boundary of an area, such as between neighbouring properties. Hedges that are used to separate a road from adjoining fields or one field from another, and are of sufficient age to incorporate larger trees, are known as hedgerows. Often they serve as windbreaks to improve conditions for the adjacent crops, as in bocage country. When clipped and maintained, hedges are also a simple form of topiary. A hedge often operates as, and sometimes is called, a "live fence". This may either consist of individual fence posts connected with wire or other fencing material, or it may be in the form of densely planted hedges without interconnecting wire. This is common in tropical areas where low-income farmers can demarcate properties and reduce maintenance of fence posts that otherwise deteriorate rapidly. Many other benefits can be obtained d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 2007
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gertjan Vlieghe
Gertjan Willem Vlieghe (born May 1971) is a British-Belgian economist. Early life Gertjan Willem Vlieghe was born in Belgium in May 1971, and received a PhD from the London School of Economics. Career Vlieghe was an economic assistant to Mervyn King at the Bank of England. He then worked as a bond strategist and director at the Deutsche Bank.Gertjan Vlieghe to join Bank of England's MPC ''The Financial Times'', 28 July 2015 Later, he worked as a senior economist at , a hedge fund based in London. In July 2015, it was announced that he would replace |
Monetary Policy Committee (United Kingdom)
The Monetary Policy Committee (MPC) is a committee of the Bank of England, which meets for three and a half days, eight times a year, to decide the official interest rate in the United Kingdom (the Bank of England Base Rate). It is also responsible for directing other aspects of the government's monetary policy framework, such as quantitative easing and forward guidance. The Committee comprises nine members, including the Governor of the Bank of England, and is responsible primarily for keeping the Consumer Price Index (CPI) measure of inflation close to a target set by the government, currently 2% per year (as of 2019). Its secondary aim – to support growth and employment – was reinforced in March 2013. Announced on 6 May 1997, only five days after that year's General Election, and officially given operational responsibility for setting interest rates in the Bank of England Act 1998, the committee was designed to be independent of political interference and thus to add ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the Kingdom of England, English Government's banker and debt manager, and still one of the bankers for the government of the United Kingdom, it is the world's second oldest central bank. The bank was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. In 1998 it became an independent public organisation, wholly owned by the Treasury Solicitor on behalf of the government, with a mandate to support the economic policies of the government of the day, but independence in maintaining price stability. In the 21st century the bank took on increased responsibility for maintaining and monitoring financial stability in the UK, and it increasingly functions as a statutory Financial regulation, regulator. The bank's headquarters have been in London's main financial di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assured Investment Management
Assured Investment Management (AIM) was an institutional asset management firm with a heritage in credit strategies, managing approximately $15.2 billion as of its defunct status in July 2023. ''Secondaries Investors'' referred to AIM as "one of the world's most prominent hedge funds". Previously known as BlueMountain Capital Management (BlueMountain), the firm was acquired by Assured Guaranty (AG) — a publicly traded financial services holding company headquartered in Bermuda — starting in 2019. In 2023, the firm was acquired by Sound Point Capital Management (Sound Point), a privately held asset management company headquartered in United States. History The company was formed in 2003 by two Harvard Law School classmates, Andrew Feldstein and Stephen Siderow. That same year, the firm launched its flagship relative value credit hedge fund with $300 million in assets under management. The company burnished its reputation in part by making "substantial profits" in 2012 in co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arpad Busson
André Arpad Busson (born 27 January 1963) is a French hedge fund manager, investor, and philanthropist. Busson started working in hedge funds in 1986 in New York. He is the founder and chairman of the EIM Group, a fund of funds company. Busson is also active in a number of philanthropic causes around the globe. According to the French business magazine '' Challenges'', he had a net worth of €500 million in 2013. Early life Arpad Busson's father, Pascal Busson, was a former French army officer and Algerian War veteran, who later turned financier. His mother, Florence "Flockie" Harcourt-Smith, was an English former debutante. His parents met in Paris and named their son after the Hungarian-born banker Árpád Plesch (1889–1974), who not only was Florence's step-father (he was the second husband of her mother, Marysia Ulam Krauss Harcourt-Smith), but had also been her step-grandfather (Plesch's first wife, Leonie Caro Ulam, was his second wife's mother). Etti (Mrs Arpad) Pl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Indicator
An economic indicator is a statistic about an Economics, economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. One application of economic indicators is the study of business cycles. Economic indicators include various indices, earnings reports, and economic summaries: for example, the unemployment rate, quits rate (quit rate in American English), housing starts, consumer price index (a measure for inflation (economics), inflation), inverted yield curve, consumer leverage ratio, industrial production, bankruptcies, gross domestic product, broadband internet access, broadband internet penetration, retail sales, price index, and changes in credit conditions. The leading business cycle dating committee in the United States, United States of America is the private National Bureau of Economic Research. The Bureau of Labor Statistics is the principal fact-finding agency for the U.S. government in the field of labor economics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Teacher Retirement System Of Texas
Teacher Retirement System of Texas (TRS) is a Pensions, public pension plan of the State of Texas. Established in 1937, TRS provides retirement and related benefits for those employed by the public schools, colleges, and universities supported by the State of Texas and manages a $180 billion trust fund established to finance member benefits. More than 1.6 million public education and higher education employees and retirees participate in the system. TRS is the largest public retirement system in Texas in both membership and assets and the sixth List of largest pension schemes in the United States, largest public pension fund in United States of America, America. The agency is headquartered at 1000 Red River Street in the capital city of Austin, Texas, Austin. A Board of directors, Board of Trustees governs the retirement system. The Board is composed of nine trustees who are appointed to staggered terms of six years. Three trustees are direct appointments of the Governor of Te ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
