Thursday, 2 April 2015
Last updated 8 hours ago
Aug 26 2011 | 9:37am ET
Fund of hedge funds Federal Street Partners is splitting its onshore fund's assets into two strategy-specific vehicles.
The Connecticut firm has begun moving $100 million from its Multi-Strategy Fund to its global long/short and Asia-focused emerging markets funds, Federal Street Associates I and Federal Street Associates, HFMWeek reports.
"We wanted a greater emphasis on emerging markets and we want to become more tax efficient," CEO Ed Barksdale said.
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…