Tuesday, 21 April 2015
Last updated 5 hours ago
Dec 17 2010 | 12:51am ET
A former protégé of Carl Icahn is launching a hedge fund of his own, seeded by Icahn's fellow billionaire George Soros.
Soros Fund Management will invest $250 million in Keith Meister's still-unnamed new fund. The 37-year-old plans to use what he learned at Icahn Associates: The event-driven vehicle will employ an activist strategy, The New York Times reports.
Meister resigned from Icahn this summer after spending eight years at the firm. He rose to become one of Icahn's most trusted lieutenants, serving on the boards of several portfolio companies and as principal executive officer of Icahn Enterprises, overseeing its gaming and real-estate investments.
Meister was this year named one of the highest-paid executives under 40 by Fortune magazine.
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…