Friday, 27 March 2015
Last updated 4 hours ago
Dec 22 2010 | 11:02pm ET
The namesakes behind oil and gas hedge fund Nanes Balkany Partners are splitting up.
Julien Balkany has left the New York-based activist firm, it said yesterday. Co-founder Daryl Nanes has taken sole control of the reins at Nanes Balkany, which has enjoyed a string of unbroken successes since its establishment three years ago. The firm rose about 23% in 2008, its first year, and returned 48% last year. It is up about 43% this year.
“I am very proud of our accomplishments over the last three years and the experience has been one of the most rewarding of my career,” Balkany said. “As a French national, I have always kept some focus on Europe for the next stage of my career and I feel that the success of Nanes Balkany Partners allows me to now move on to take on new opportunities and challenges.”
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…