Sunday, 29 March 2015
Last updated 1 day ago
Oct 27 2011 | 6:44am ET
Another FrontPoint Partners executive has fled the battered, if not quite sinking, ship.
Robert Stockton was named director of investor relations at hedge fund Visium Asset Management, Pensions & Investments reports. He succeeds Kenneth Klee, who was named Visium's first director of communications.
FrontPoint, once one of the most prominent hedge funds in the business with some $7.5 billion in assets, has shriveled to a shell of itself in the wake of an insider-trading scandal that claimed its top healthcare hedge fund manager, Joseph Skowron. The firm, which spun off from Morgan Stanley earlier this year, manages less than $1 billion following the departure of credit hedge fund manager Stephen Czech and his $1.1 billion fund.
Stockton was head of investor relations at FrontPoint.
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…