Saturday, 18 April 2015
Last updated 20 hours ago
Apr 8 2011 | 12:44pm ET
The $25 million Japan-focused Nezu Kuma fund, seeded by hedge fund legend Julian Robertson, gained a net 10% in March.
The March gains helped erase the fund’s January/February losses and put it up 6.2% for the quarter, Nezu Asia CIO Richard Kincaid told Reuters.
Kincaid said another Japan-focused hedge fund managed by the firm was up 6.6% in March and 12.5% in the first quarter.
Robertson’s Tiger Management seeded two Nezu Asia funds with $50 million in January.
"The funds have done well recently through a combination of strong risk management and our ability to quickly leverage fundamental company knowledge to take advantage of mispricings kicked up by volatile market conditions," Kosuke Ikeda, the firm's New York-based director of marketing, told Reuters.
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…