Wednesday, 6 May 2015
Last updated 21 hours ago
Feb 22 2011 | 11:31am ET
The Man Group plans to grow in Asia organically, adding fund managers and pouring more money into the region, rather than seeking to acquire an existing regional powerhouse, CEO Peter Clarke said.
Clarke, in an interview with the German business newspaper Handelsblatt, said his firm would seek no big acquisitions in Asia. The statement jibes with previous proclamations from the world's largest publicly-traded hedge fund firm that, following its purchase of GLG Partners last year, it would not be in the market for any other blockbuster deals.
Instead, Clarke said that Man planned to grow closer to its Asian clients by investing more money in the region and by hiring teams of managers there.
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…