Saturday, 28 March 2015
Last updated 9 hours ago
Feb 25 2011 | 9:09am ET
A top hedge fund manager at Switzerland's Plenum Investments has resigned.
Henrik Wennberg, who set up and co-managed two funds focused on the Nordic electricity market at Plenum, has left the firm, Bloomberg News reports. Wennberg, who had worked at Plenum since 2005, was serving as a senior adviser to its Power Surge Fund, which he co-launched in 2007 and which is now co-managed by his brother, Matthias.
Prior to setting up the Power Surge fund, Wennberg, a 12-year veteran electricity trader before joining Plenum, co-launched and managed the firm's Power Fund, which was liquidated in March.
The Power Surge fund returned 24% last year.
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…