Sunday, 29 March 2015
Last updated 1 day ago
Nov 24 2010 | 5:06am ET
Traxis Partners, the hedge fund led by former Morgan Stanley chief strategist Barton Biggs, is set to launch a UCITS III-compliant version of its flagship strategy.
Traxis will announce the new fund within weeks, Ucits Hedge reports. The new fund will be a part of Deutsche Bank's UCITS platform, Platinum, which also features UCITS funds from Paulson & Co. and Toscafund Asset Management.
New York-based Traxis has been mulling a UCITS fund since at least this summer. The regulation-friendly vehicles have raised more than US$100 billion.
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…