Sunday, 19 April 2015
Last updated 14 hours ago
Oct 4 2010 | 2:37am ET
AllianceBernstein has acquired SunAmerica's alternative investments group.
Terms of the deal were not disclosed. AllianceBernstein, which is owned by AXA, also would not say how much the SunAmerica hedge fund and private equity unit manages.
"We are pleased to add to our alternative investment capabilities this exceptional hedge fund and private equity fund investment team," CEO Peter Kraus said. "Marc Gamsin and his SunAmerica Alternative Investments colleagues have built an outstanding platform, which we believe will provide valued investment opportunities for our clients."
"We've admired AllianceBernstein's superb investment research for many years, and we're thrilled to become a part of this respected, global institution, while maintaining our long-standing SunAmerica relationship," Gamsin added.
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…