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	<title>Hedge Fund News From HedgeCo.Net &#187; michael hutchins</title>
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		<title>RPT-EXCLUSIVE-Costas launches boutique bank and a 2nd act</title>
		<link>http://www.hedgeco.net/news/07/2009/rpt-exclusive-costas-launches-boutique-bank-and-a-2nd-act.html</link>
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		<description><![CDATA[CNN Money &#8211; John Costas, who helped make UBS AG into one of the world&#8217;s biggest investment banks, wants to build a lasting Wall Street player &#8212; and put the 2007 demise of hedge fund Dillon Read Capital Management behind him. Costas and long-time partner Michael Hutchins have launched The PrinceRidge Group, a boutique broker-dealer [...]]]></description>
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		<title>Costas, Hutchins Said to Reunite For Firm After Failed UBS Fund</title>
		<link>http://www.hedgeco.net/news/02/2009/costas-hutchins-said-to-reunite-for-firm-after-failed-ubs-fund.html</link>
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		<pubDate>Wed, 25 Feb 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[Bloomberg -&#160;John Costas and Michael Hutchins, are reuniting to start a financial services firm after running UBS AG&#8217;s hedge fund Dillon Read Capital Management LLC, according to people familiar with their plans. Costas, 52, took over UBS&#8217;s investment bank in 2001 and spun off the proprietary trading desk to form Dillon Read in 2005. Zurich-based [...]]]></description>
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