Wednesday, 6 May 2015
Last updated 1 hour ago
May 24 2010 | 10:23am ET
Swiss hedge fund firm GAM is planning a UCITS III-compliant green offering.
The single-manager environmental fund will debut in the fourth quarter, helmed by new hire Paul Udall. The long/short vehicle will focus on energy and natural resources firms working on development, transportation and consumption.
GAM already has an environmental fund of hedge funds.
“Funds that focus on sustainable investing and environmental themes continue to play an increasing role in investors’ portfolios,” CEO David Solo said. “We are delighted that Paul has decided to join GAM, given his specialist skills and knowledge in this area.”
Before taking up his new post, Udall was a managing director at Climate Change Capital. He ran that firm’s Global Environmental Long/Short Fund. He also did stints at Tudor Investment Management and Morley Fund Management.
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…