Friday, 24 April 2015
Last updated 4 hours ago
Oct 13 2011 | 2:24am ET
JAT Capital Management has returned 31% through the first nine months of the year as the New York-based firm's short bets have paid off.
JAT dropped 3.2% last month. The $3 billion firm did post some big losses in its long book. But the firm's short bets helped offset those losses, Bloomberg News reports.
If JAT can hold on to most of those gains during the fourth quarter, it will post its third-straight year of double-digit returns. The fund rose 20% in 2009 and 11% last year.
That track record could prove useful if JAT decides to begin taking in new money again next year. The firm, whose assets have tripled this year, stopped taking new capital at the beginning of this month.
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…