Friday, 22 May 2015
Last updated 2 hours ago
Aug 4 2011 | 12:34pm ET
At least one European hedge fund is facing down the continent's stock volatility. And Varus Capital Management's flagship hedge fund isn't just surviving, but thriving amidst the industry's summer swoon.
The €20 million Varus Fund, which was up almost 16% in the first half while the average hedge fund limped to essentially flat—or worse—returns, hasn't been fazed by August's stock selloff, either. The fund was up 1.2% during the month's first three days, three days that saw the continent's major stock indices plummet between 6% and 8%.
Varus is based in Zürich.
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…