Sunday, 29 March 2015
Last updated 1 day ago
Apr 23 2007 | 10:24am ET
Globefin Asset Management, investment manager to the Cannonball Funds, has hired Andrew Hoffman as a managing director to head the firm’s newly formed Globefin U.S. Advisors, which is opening offices in New York. Hoffman joins the Cannonball Funds from Asset Alliance in 2006 where he launched an asset-based FoHF. He will spearhead research on asset-backed strategies from New York.
“We are delighted to welcome Andrew to the team and recognize that seasoned talent capable of great value-added in the asset-backed strategies field is very rare,” said Federico Moccia, managing director of GAM. “Asset-backed strategies are a vital part of the Cannonball Group’s business and we are fortunate to add a rare pearl to our team.”
GAM offers three fund-of-hedge-fund portfolios with invested assets in excess of $560 million as of April 1.
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…