Monday, 4 May 2015
Last updated 4 hours ago
Feb 24 2010 | 2:18am ET
A quartet of prominent hedge funds are looking east with plans to set up shop in Asia.
Maverick Capital, Moore Capital Management and Viking Global Investors are all planning to open offices in the region over the next few months, Reuters reports. Stark Investments, which last year lost its Hong Kong- and Singapore-based teams in a spin-off of its Asia business, is in the process of building a new team in the region.
Stark’s new Asia business will focus on liquid strategies, according to Reuters. Currently, some $1 billion of the firm’s Asian investments are being managed by Orchard Capital Partners, the new home of its old Asia team.
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…