Wednesday, 1 April 2015
Last updated 1 hour ago
Mar 8 2010 | 1:13pm ET
D.E. Shaw Group is the latest hedge fund opening new offices in Asia, with bases in China and Japan to open their doors in the coming months.
The $28 billion New York firm’s Shanghai office will focus on private equity. D.E. Shaw already has an office in Hong Kong; the Shanghai base will be its first in mainland China.
D.E. Shaw will also open an office in Tokyo, dealing with investor relations, marketing and account management, the Financial Times reports.
In addition to its existing Hong Kong home, D.E. Shaw also has enormous operations in India, with some 700 employees.
D.E. Shaw certainly isn’t alone in looking east. Maverick Capital, Moore Capital Management and Viking Global Investors are also planning offices in Asia.
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…