Thursday, 26 March 2015
Last updated 11 min ago
Sep 17 2010 | 1:15am ET
Clareville Capital is throwing its hat into the UCITS III arena. The London-based firm is planning a regulation-friendly version of its flagship Pegasus Fund.
The new fund will be part of ML Capital’s Montlake Ucits platform, and will launch in early October. The Pegasus Ucits fund will employ the same U.K. long/short equity strategy as its predecessor, targeting annual returns of 12%, CityWire reports.
Like the existing Pegasus fund, the new fund will be managed by David Yarrow and Angus Donaldson. The current fund has £48 million in assets. It is down 4.7% this year.
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…