Thursday, 2 April 2015
Last updated 39 min ago
Jan 12 2010 | 1:28am ET
The average hedge fund returned more than 20% last year, but that wasn’t enough for Everest Capital and Scottwood Capital Management.
The former’s emerging markets fund soared 75% in 2009, according to MarketWatch. The $2 billion Singapore-based firm’s Asia fund did almost as well, returning 73%.
Scottwood, based in Greenwich, Conn., did not do quite as well. But it did more than double the average hedge fund’s return, adding 44% last year. The $500 million event-driven fund lost 7% in 2008.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…