Monday, 30 March 2015
Last updated 19 min ago
Sep 22 2010 | 12:49pm ET
Commodity trading adviser Lafayette Trading is the latest firm to succumb to the difficult fundraising environment.
The California firm will liquidate its fund after just over a year of managing money for outside investors, reports HFM Week.
The firm debuted about two years ago—founded by Money Management Group’s Todd Lorber, as well as Ken Jones, Ken Whitley and Ray Sebastian—managing proprietary capital.
Lafayette employed a proprietary, short-term, systematic technology to generate trade signals on equity index future contracts.
“Given the market environment, we thought it was the right time to cease operations,” Lorber told HFM Week.
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…