Man who said no to Soros builds BlueCrest into hedge fund empire By Jesse Westbrook, Bloomberg | December 20, 2013 When BlueCrest founder Michael Platt expanded into stocks this year to compete for traders, he tapped an unusual funding source: his banks.
Hedge funds rush to $108 billion, trading where big banks once tread By Lisa Abramowicz, Miles Weiss and Christine Harper | May 8, 2013 Hedge funds using debt-trading strategies are expanding at a record pace as they profit from risks big banks are no longer taking.