Sunday, 24 May 2015
Last updated 1 day ago
Jun 12 2007 | 1:24pm ET
Pamplona Capital Management this month launched the Global Emerging Markets fund, an equity long/short equity vehicle. The fund will invest in Central and Eastern Europe, the Middle East, Africa, Latin America and Asia, and has secured commitments from institutional investors of US$150 million.
Alex Knaster, Pamplona’s chairman and CEO, said, “We have been running fund of hedge funds and private equity investments for over two years now. The launch of the GEM Hedge Fund represents an important step for Pamplona in establishing the third business line for its absolute return platform.”
The GEM fund will be managed by Yonatan Gozdanker and Gil Peleg. “The fund’s investment focus from a bottom-up perspective will be on deep value companies with active risk management component,” Gozdanker said.
Pamplona was established at the end of 2004 and manages over US$1.3 billion in fund of hedge funds and private equity investments as of June 1.
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…