Monday, 25 May 2015
Last updated 2 days ago
Oct 25 2011 | 6:51am ET
Hedge fund Olympian Capital Management has hired a new chief investment officer, Arun Kaul.
Kaul is charged with helping the Ft. Lauderdale, Fla., firm expand into new strategies. The firm hopes to add a global macro multi-asset strategy to its lineup, focusing on currencies, stocks, fixed-income and commodity futures.
"We've tried to bring some of the sophistication of the tools from a hedge fund to the private client," Kaul told Advanced Trading of the new strategy, which will be offered as a separate accounts product. "A lot of investment firms offer a model portfolio, which is a broad model that has fewer asset classes."
Kaul joined Olympian last month from Hillsdale Investment Management, the Canadian boutique he co-founded. With Kaul on board, Olympian founder Michael Levas will focus more on trading.
"I thought it was in the best interest of the firm to have him as the CIO so that I could focus on trading and various aspects of business development and the direction of where the firm wanted to go," Levas told AT.
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…