Saturday, 25 April 2015
Last updated 1 day ago
Feb 16 2010 | 3:33am ET
Healthcare hedge fund shop Visium Asset Management will launch a new fund on March 1. On the same day, it will close its $1.5 billion flagship to new investments.
New York-based Visium’s third fund will be a multi-strategy vehicle. It has been seeded by Visium’s partners with $100 million, according the Hedge Fund Alert.
Visium also manages a credit fund with $30 million in assets. That fund was launched last May, and returned 19.9% in its first eight months.
Visium recently hired former SAC Capital Advisors fundraiser Jason Huemer as president.
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…