Thursday, 26 March 2015
Last updated 1 hour ago
Sep 9 2010 | 1:54am ET
A former star manager at Cheyne Capital Management and a co-founder of Centaurus Capital has founded her own hedge fund with another former Cheyne executive.
Massi Khadjenouri has teamed up with Jan Lernout to set up Kite Lake Capital Management. The new firm is readying a special situations hedge fund, Financial News reports.
Khadjenouri launched a special situations fund at Cheyne in 2003, enjoying an 18.8% annualized return through late 2007. She left Cheyne at the end of 2008.
Lernout was a partner at Cheyne’s collateralized loan obligations business before leaving the firm last May. In December, he settled a lawsuit he filed against Cheyne alleging that the hedge fund withheld his share of the group’s profits.
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…