Sunday, 29 March 2015
Last updated 1 day ago
Feb 17 2011 | 7:43am ET
Multi-billion hedge fund manager Ionic Capital Management has launched a convertible arbitrage fund with $100 million under management.
HFMWeek, citing an investor document, says the Ionic Convertible Master Fund focuses on high-delta convertible bonds trading at discounts to listed equity volatility. The new fund is diversified across 20-40 positions, trading convertible debt, equity options and other securities and instruments that are convertible, exchangeable or equity-linked.
Fund portfolio managers Bart Baum, Adam Radosti and Daniel Stone are alumni of JP Morgan-owned Highbridge Capital where they worked together for almost 10 years until 2006.
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…