Saturday, 28 March 2015
Last updated 18 hours ago
Sep 30 2011 | 11:01am ET
Bharat Capital has launched a pair of managed account strategies with impressive returns.
The New York-based hedge fund's Special Situations Strategy is up 51.3% and its Liquid Credit Strategy 16.91%, HFMWeek reports. The former rose 2.9% last month and the latter 0.51%.
"It's a good time to invest because fewer analysts are covering small and mid-sized event-driven securities," Sanjay Nayar, who founded Bharat two years ago, told HFM.
Bharat is targeting family offices and high-net worth individuals with the new products. The firm hopes to raise $500 million for the credit strategy and $200 million for the special situations strategy.
Both charge 30% for performance and no management fee.
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…