Monday, 4 May 2015
Last updated 9 hours ago
Dec 23 2010 | 10:05am ET
London hedge fund 36 South Capital is consolidating its offerings and moving all of its funds’ domicile to Ireland.
The US$130 million firm told Reuters that it would shutter its US$5.5 million Regent Fund and its Dresden Green Fund, focusing its attention instead on its flagship Kohinoor Fund. 36 South closed its Black Swan fund last year.
In addition, it will move those funds not already domiciled on the Emerald Isle to Dublin, from the Cayman Islands and the British Virgin Islands. 36 South explained that bringing the funds onshore would make working with administrators and other service providers easier.
“It’s more efficient and more streamlined,” a spokesman for the fund told Reuters. “There’s a huge amount of reasons to go to Ireland.”
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…