Sunday, 29 March 2015
Last updated 1 day ago
Jul 9 2010 | 11:21am ET
Prime Fund Solutions, soon to be Credit Suisse Group’s prime brokerage business, is beefing up its offerings for its new owners.
The group, currently owned by Fortis Bank Nederland, has launched a new fund of hedge funds platform offering front-, middle- and back-office services to clients. PFS Horizon will give fund of funds managers a single interface through which they can manage their whole investment process.
The new platform was built alongside Comada.
“PFS Horizon is the latest in a long list of innovative products and services that we’ve developed to assist our clients in building their businesses,” CEO Erik Jens said. “We believe this new technology represents a significant step forward in the fund of hedge funds middle office and reporting arena. Our ability to provide greater transparency, asset safety, and robust infrastructure are key to the success of our fund clients as businesses.”
Credit Suisse’s deal for PFS, announced in May, is expected to close by the end of the year.
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…