Monday, 25 May 2015
Last updated 2 days ago
Sep 2 2011 | 11:42am ET
Most hedge fund managers will spend the long weekend decrying their bad fortune last month—most, but not all.
Two of the industry's biggest names posted positive returns in August, as stocks slid and the average hedge fund took a beating. Citadel Investment Group's flagship hedge funds continued their renaissance, while Renaissance Technologies also raked it in in its two largest funds.
RenTech's Institutional Equities Fund rose 5.4% last month while its Institutional Futures Fund added 6.6%. The funds are up an impressive 25.6% and 9.16%, respectively, for the year.
Ctiadel's Kensington and Wellington funds rose a more modest 1% in August, and are up 15% on the year. The firm's Global Equities Fund returned 1.6% last month to reach 14% for the year, according to Reuters.
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…