Friday, 27 March 2015
Last updated 4 hours ago
Aug 24 2011 | 11:24am ET
Hedge fund managed accounts platform HedgeMark International has taken another step towards integration with possible future parent Bank of New York Mellon.
The Los Angeles- and New York-based firm named BNY Mellon senior executive vice president Richard Brueckner its non-executive chairman. Brueckner also serves as chairman of BNY Mellon's Pershing unit, which in February became a major investor in HedgeMark with an option to take control of the platform over the next five years.
"HedgeMark has established a leadership role in addressing many of the major issues driving change in todayʼs alternative investing industry,” Brueckner said. “A focus on independent hedge fund governance, integrated with transparency and risk management, is of vital concern to institutional and high net worth investors, as well as regulatory agencies, worldwide."
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…