Friday, 27 March 2015
Last updated 1 hour ago
Jan 11 2011 | 9:05am ET
Clayton DeGiacinto has left Tower Research Capital to launch his own financial advisory firm, Axonic Capital. DeGiacinto has spun out money he has been managing for the past two years into an evergreen long/short credit fund, a source close to the fund told FINalternatives.
The Axonic Credit Opportunities Fund and the Cayman-based Axonic Credit Opportunities Overseas Fund launched earlier this month with an estimated $140 million.
DeGiacinto, a former captain in the U.S. Army, spent 21 months at Tower Research Capital where he was a portfolio manager for a distressed mortgage fund. Prior to that he was a vice president at Goldman Sachs, where he specialized in adjustable mortgages.
DeGiacinto is a graduate of United States Military Academy at West Point and has an MBA from Wharton.
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…