Friday, 27 March 2015
Last updated 2 hours ago
Mar 2 2011 | 9:16am ET
Few, if any, hedge fund managers are as hot right now as Third Point's Daniel Loeb.
The New York-based firm continued its strong run in February, with its funds rising between 3.4% and 4.8% on the month. For the first two months of the year, the funds are already up between 7.2% and 10.4%.
That's on top of what Loeb himself called an "extraordinary" 2010, when the funds returned between 32.8% and 41.7%.
Third Point's returns, obtained by Dealbreaker.com, were led last month by its Ultra Fund, which returned 4.8% (10.4% year-to-date). Third Point Partners was up 3.7% (8.1% YTD), Third Point Offshore 3.6% (7.6% YTD) and Third Point Partners Qualified 3.4% (7.2% YTD).
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…