Tuesday, 31 March 2015
Last updated 2 hours ago
Jan 29 2007 | 1:42pm ET
New York-based Proctor Investment Managers has partnered with Circle T Explorer, a New York City-based fund of hedge funds shop, to help market emerging managers.
Under the partnership agreement, Proctor has acquired a 24.9% minority equity interest in Circle T and has become its strategic sales and marketing partner, according to the firm.
Proctor will provide Circle T with institutional and intermediary sales, marketing and client services. In addition, Proctor will assist Circle T in with risk management, compliance and financial management services.
Circle T currently has approximately $110 million in assets under management and invests only in managers at the early stages of development, which is typically when the manager’s assets under management are between $10 million and $300 million.
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…