Monday, 30 March 2015
Last updated 10 hours ago
Nov 11 2011 | 11:45am ET
Chicago-based hedge fund Tusker Capital is readying an offshore version of its flagship vehicle.
Tusker plans to launch its Investment Fund II (Offshore) during the first quarter of next year, HFMWeek reports. The move follows the April launch of the onshore version of the hedge fund, following a year of running the strategy in several managed accounts.
The offshore fund is expected to launch with about $40 million in assets, half as much as Tusker currently manages in the onshore fund.
Tusker, founded last year by Goldman Sachs veteran Anuraag Shah and First National Bank of Boston's Fabiano Silveira Aguilar, focuses on fundamental commodity-related investments. The strategy rose 41% last year and is up 22% this year.
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…