Monday, 27 April 2015
Last updated 5 hours ago
Sep 12 2011 | 12:43pm ET
AQR Capital Management's two-year old Australian hedge fund has attracted some impressive inflows Down Under over the past three months.
Institutional investors in Australia and New Zealand have committed more than A$150 million (US$157 million) to the AQR Wholesale Delta Fund, the Financial Standard reports. The inflows have roughly quadrupled the fund's assets under management to about A$200 million.
"We have intentionally priced this fund at the cheapest end of the alternatives peer group, providing a strong value proposition to investors in the alternatives space," Simon Willis, head of wholesale at AQR Australia, told the Standard.
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…