Tuesday, 31 March 2015
Last updated 2 hours ago
Aug 31 2010 | 10:34am ET
Are Fortress Investment Group’s top executives feeling bearish about the alternative investments giant?
Four of them sold off chunks of the firm’s shares last week, including CEO Daniel Mudd. Mudd, the former Fannie Mae CEO who took the reins at Fortress last year, dumped about one-sixth of his stake in Fortress, or 150,000 shares, netting himself $500,000.
Fortress shares are down about 27% this year.
Following in their boss’s footsteps where CFO Daniel Bass, General Counsel David Brooks and Chief Accounting Officer Jonathan Brown. Bass sold more than 6,000 shares, Brooks more than 5,000 shares and Brown more than 3,000 shares, according to regulatory filings.
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…