Monday, 4 May 2015
Last updated 2 days ago
Jan 25 2010 | 9:18am ET
A pair of money management veterans has founded a new alternative investment firm with plans to launch a series of funds over the next six months.
London- and Hong Kong-based Galileo Capital Management aims to offer three or four bespoke alternative asset funds over the period. The firm’s focus will be on under-invested business sectors in Greater China.
“We have identified a number of investment strategies in niche areas offering a low correlation to markets that are still significantly untapped,” Paul Thompson, co-founder of the new firm, said. “Our expertise in structuring and launching investment funds will enable us to bring these strategies to market quickly and effectively.”
Thompson comes to Galileo after a stint as head of Prudential’s asset management joint-venture in China—he was the first foreign CEO of a Chinese asset management company. Before joining Prudential, he worked at Goldman Sachs. His partner, Anders Jacobsen, has worked at Chase Manhattan and Bankers Trust, and has run his own Galileo Consulting firm since 2004.
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…