Saturday, 28 March 2015
Last updated 1 day ago
Apr 14 2010 | 11:50am ET
Prime brokerage firm NorthPoint Trading Partners and its new owner, ConvergEx Group, have rolled out an integrated prime services business.
The new model combines NorthPoint’s prime brokerage services and ConvergEx’s investment technologies, the firm said in a statement. NorthPoint clients will now have access to ConvergEx’s algorithmic trading strategies, agency liquidity services and execution desk, among other services.
“ConvergEx is known throughout the industry for its strong commitment to technological innovation and together we have deep insights into the needs of hedge funds. In fact, just between ConvergEx’s NorthPoint and Eze OMS businesses, we serve more than a half‐trillion dollars of hedge fund assets,” NorthPoint CEO Douglas Nelson said. “By offering a solution for virtually all of our clients’ needs, from start‐up services and capital introduction to advanced execution technologies, we have created a one‐stop shop that is truly unique in the marketplace and one that gives our clients a considerable edge
ConvergEx bought NorthPoint in November.
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…