Post-Lehman Crash, Altegris’ Jon Sundt Defends Alternatives as Hedge Against Volatility
“It was a bit of ‘shock and awe,'” Altegris' Sundt recalls of the Lehman crash. His biggest worry: “Do we have any counterparty risk?"
Genworth Sells Wealth Management Unit for $412.5M
Private equity firms Aquiline and Genstar to acquire GFWM and alternatives firm Altegris; management team, including CEO Gurinder Ahluwalia, to stay in place