Sunday, 29 November 2015
Last updated 1 day ago
Jan 25 2011 | 7:49pm ET
Sumitomo Trust & Banking Co. has shuttered a US$50 million hedge fund.
The firm’s asset management arm, Sumitomo Trust Finance, liquidated the Tactical Equity Concepts Japan on Dec. 20. The fund, which was launched in June 2009, lost 10% last year.
Sumitomo launched the fund with US$100 million.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…