Saturday, 23 May 2015
Last updated 19 hours ago
Jul 6 2011 | 11:58am ET
Spectrum Partners has launched a UCITS III-compliant version of its Russian long/short hedge fund in partnership with Merchant Capital.
The Russian Phoenix Ucits Fund debuted last week and is the first of five new UCITS funds Merchant plans, the Financial Times reports. The Spectrum fund invests primarily in large-cap stocks, both in Russia itself and in other former constituents of the Soviet Union.
"Merchant Capital are able to bring funds to market much quicker than some of the larger platforms and have a good track record specifically with alternative products," Spectrum's Michael Kart said.
The new fund has a minimum investment requirement of £20,000.
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…