Friday, 27 March 2015
Last updated 2 hours ago
Feb 8 2011 | 12:40pm ET
January was a mixed month for Fortress Investment Group, the firm said in a regulatory filing.
The New York-based alternative investments giant, which recently began disclosing its monthly hedge fund performance, said its Macro Fund lost 0.21% last month while its Commodities Fund rose 0.67%. It also said that its Drawbridge Special Opportunities fund returned more than 25% last year.
Fortress, which is publicly-listed, is the second U.S. hedge fund firm to publicly disclose its returns. Och-Ziff Capital Management has done so since it went public several years ago.
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…