Monday, 30 March 2015
Last updated 2 days ago
Sep 8 2010 | 12:24pm ET
UBS has made a pair of key hires in for its fund of hedge funds and Asia prime brokerage teams.
The Swiss bank has brought back Bruce Amlicke to head its Alternative Investments Solutions fund of funds unit. Amlicke helped found the US$20 billion unit during his first stint with UBS and its O’Connor & Associates; he left UBS in 2004 to join the Blackstone Group.
Amlicke left Blackstone early last year. In addition to leading AIS, he’ll serve as co-chief investment officer of UBS Global Asset Management with Rick Nardis. Current co-CIO William Brown has taken on a hedge fund research role.
At Blackstone, Amlicke was CIO of Blackstone Alternative Asset Management.
UBS has also hired Stephen Pak to lead its Asian capital introduction efforts. Pak joined the firm this week from Credit Suisse’s alternative investments division. He has returned to Hong Kong from the U.S., where he was based for Credit Suisse since last year.
Pak was named head of regional capital introduction at UBS’s Asia prime brokerage.
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…