Friday, 22 May 2015
Last updated 38 min ago
Aug 25 2010 | 1:49pm ET
The Securities and Exchange Commission has sought—and received—information from a New Jersey hedge fund that specializes in private investments in public equities.
Yorkville Advisors told investors that it had complied with the regulator’s request. The 2009 audited financial statements for the Jersey City firm’s flagship hedge fund said the SEC asked it to “supply certain information” last August, but did not indicate what information the regulator sought or what the SEC was investigating, if anything. Yorkville, which says it manages $864 million, attributed the SEC request to increasing regulation and oversight of hedge funds, Forbes reports.
The YA Global Investments fund—formerly called Cornell Capital Partners—reported returns of 6.04% last year and 6.22% in 2008.
Yorkville also cancelled a conference call about its financial statements, scheduled for yesterday.
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…