Philippe Jabre’s Fund an Unusual Success Story
| October 16th, 2009 | ||
| Philippe Jabre, founder of Jabre Capital Partners, has emerged as an unlikely success story after a precarious year of reassuring investors and fighting for the existence of his firm. According to the Times, Jabre Capital, once a $3.5 billion firm, now manages assets closer to $2 billion, but the firm has survived a tumultuous year and its outlook has begun to improve. His fund’s survival, however, is not the only reason Lebanese-born Mr. Jabre has become a figure of attention. Four years ago, when he was a partner at London-based GLG Partners, he was the focus of a Financial Services Authority investigation that alleged he had used insider information regarding a convertible bond issue to his advantage. He was found guilty of violating market conduct following a two year investigation, but was acquitted of knowingly committing market abuse. | ||
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For Detailed Investor Profiles on these Investors, click below: |
GLG Partners |
Jabre Capital Partners |
Related People: Emmanuel Roman;
Related Entities: GLG Alpha Select Fund;
Related Article Tags: Investment Management, Fund Manager and General Financial News
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