Tuesday, 31 March 2015
Last updated 35 min ago
Jun 23 2010 | 11:41am ET
Hedge fund seeder NewAlpha Asset Management is targeting European institutions with its latest fund.
The Paris-based firm hopes to raise €200 million from such investors for its fourth seeding fund, it said in a statement. The firm, which has US$480 million invested in 14 early-stage hedge fund managers, expects to complete fundraising by October.
The firm most recently invested in G Capital Management, a New Jersey hedge fund founded last year by former Goldman Sachs trader Peter Gerhard.
“These early-stage managers deliver higher returns, mainly due to their relatively pure investment style and their adaptability to increasingly turbulent market conditions,” Antoine Rolland, CEO of NewAlpha, said.
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…