Thursday, 2 October 2014
Last updated 17 hours ago
Jan 5 2009 | 1:11pm ET
Iceland’s economy may be in a deep freeze, but that isn’t stopping one local investment firm from launching a new fund. Audur Capital is raising a venture fund that will target early-stage socially and environmentally responsible businesses in Iceland.
The new fund, the BJÖRK -venture fund, was established in conjunction with the world renowned musician of the same name, who is known more for her wild outfits such as the dead-swan getup she wore to the 2001 Oscars, than her investment skills.
The fund is intended for investors seeking investment opportunities in new venture creation and the business development of small companies with the objective of catalyzing the recovery of the Icelandic economy.
According to the firm, BJÖRK invests in companies that create value through the uniqueness of Iceland’s nature and culture. Companies must be sustainable, both in terms of financial returns as well as being socially and environmentally responsible.
BJÖRK-venture fund will be managed by Audur Capital, which was founded by women. It is expected to hold its first close by March.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...