Friday, 22 May 2015
Last updated 3 min ago
Feb 18 2010 | 11:05am ET
A colorful Spanish hedge fund firm is planning a series of UCITS III-compliant commodity trading advisor funds.
Intelectia Capital, founded last year, is preparing to launch its Intelectia Blue fund. The Luxembourg-based vehicle will invest in only liquid commodity markets, CityWire reports, and can invest on both the long and short sides.
Intelectia Blue is targeting returns of between 15% and 20%, with volatility of between 5% and 8%.
The firm is also working on two other funds: Intelectia Green will be more conservative than its Blue cousin, while Intelectia Orange will feature greater leverage.
Intelectia is also planning to open a pair of offices on two other continents, with a presence in Chile and Hong Kong to market its products in Latin America and Asia.
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…