Friday, 22 May 2015
Last updated 6 hours ago
Aug 24 2011 | 12:03pm ET
Prime Capital Management is benefitting from increased appetite for Asian hedge funds—and it isn't suffering from August's industry doldrums.
The Hong Kong-based firm's Dragon Billion China Fund is up 12.7% this year, including a 0.9% return through the first three weeks of August, Reuters reports. Most Asian stock indices are down by double digits this month.
The Greater China long/short equity fund can also boast a fatter bottom line in terms of assets under management: It's up to US$1.66 billion, an increase of nearly US$1 billion from the beginning of last year, when the Yijun Liu-helmed fund ran US$700 million.
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…