Sunday, 3 May 2015
Last updated 2 days ago
May 11 2010 | 4:28pm ET
A new hedge fund founded by former SAC Capital Advisors portfolio managers has picked Citigroup to serve as its administrator.
Dorsal Capital Management was founded in September by Jeff Barnett, Oliver Evans and Ryan Frick, the latter two formerly of SAC. SAC founder Steven Cohen is said to be a seed investor in the fund, a technology and consumer equity long/short vehicle.
Citi Investor Services replaced Gravity Financial as the fund’s administrator.
“Dorsal Capital—with its SAC Capital heritage and management strength—was a highly anticipated west coast hedge fund launch in 2009," Citi’s Neeraj Sahai said. "We are very pleased to be selected to provide these fund services, and we look forward to delivering superior administrative solutions to support the funds initial development and continued growth.”
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…