Tuesday, 31 March 2015
Last updated 12 hours ago
Nov 3 2011 | 8:21am ET
Fund of hedge funds Central Park Group is getting some help to run its event-driven fund.
The New York-based firm has named Brencourt Advisors the sub-adviser to the Multi-Event Fund, it said in a statement. Brencourt founder William Collins will handle fund management duties.
The two sides have set up a joint-venture, Central Park Multi-Event Management.
"Brencourt brings specialized expertise in event investing to the Central Park Group Multi-Event Fund," Central Park co-CEO Greg Brousseau said. "We are impressed with Brencourt's 10-year record of attractive returns, their approach to the asset class and their research, trading and risk-management capabilities."
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…