Sunday, 29 March 2015
Last updated 2 days ago
Feb 25 2010 | 1:32pm ET
An Och-Ziff Capital Management and Goldman Sachs veteran has founded a China-focused private equity firm, seeking to raise as much as $500 million for its debut fund.
Frank Yu has already completed the first round of fundraising for Themes Investment Partners, The Wall Street Journal reports. The new firm is expected to begin deploying that capital in the coming months.
Themes will invest in a wide array of market sectors. The firm will seek to co-invest with limited partners, who it will help pursue strategic transactions in China, according to the Journal.
Yu served as a managing director at New York-based Och-Ziff. He joined the hedge fund in 2007 from Goldman Sachs, where he was a managing director and focused on Chinese banking firms.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…