Wednesday, 6 May 2015
Last updated 17 hours ago
Jan 30 2007 | 9:16am ET
For the top global event-driven fund last year, look no further than Canada.
Toronto-based Rosseau Asset Management’s Rosseau Limited Partnership and its offshore version, the G-10 Rosseau Special Situations Fund, took first and second place in the Lipper/TASS Database in 2006. The latter returned 112.5% and the former, a whopping 121.7%.
“In 2006, we earned a lot of attention with our triple-digit returns, but the real story is our ability to compound our investors’ money over the long-term,” founder and portfolio manager Warren Irwin said of his eight-year-old Rosseau L.P., which has returned an annualized 34.7% since its inception. The firm manages some C$200 million ($169 million).
In addition to finishing as the top two event-driven funds, the Rosseau funds finished fourth and fifth among all hedge funds in 2006.
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…