Sunday, 24 May 2015
Last updated 1 day ago
Jul 19 2010 | 7:31pm ET
Polar Capital continued to rebuild its asset base as it builds up its investment team.
The London-based hedge fund said inflows pushed assets up 2.5% in the second quarter to US$2.6 billion. The US$319 million net inflow offset the US$257 million in performance losses suffered during the three-month period.
In particular, the firm was buoyed by the launch of a new listed healthcare fund.
Polar managed almost US$4 billion before the credit crisis.
Polar has also recently hired AXA Framlington’s William Calvert and two of his analysts. Calvert was head of emerging markets at AXA.
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…