Saturday, 28 March 2015
Last updated 19 hours ago
Nov 4 2010 | 7:49am ET
Another major hedge fund is battling a foreign firm over the rights to its name.
Citadel Investment Group has sued Egypt’s Citadel Capital Corp., a US$8.3 billion private equity firm. Chicago-based Citadel filed the suit in May in Washington, D.C., disputing the Egyptian firm’s use both of the name “Citadel” and of a castle as its logo.
Citadel Investment Group also uses a castle as its logo.
Last month, Och-Ziff Capital Management prevailed in a court battle with London-based OCH Capital. A British court ruled that “there is a manifest likelihood of confusion” between the two firms.
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…