Wednesday, 1 April 2015
Last updated 22 min ago
Nov 30 2011 | 11:32am ET
Hedge fund administrator Columbus Avenue has opened what it says is Israel’s first full service admin firm in Tel Aviv under the name Tzur Management.
"We are well positioned to deliver our expertise to the growing alternative investment business in Israel," said CEO Joe Holman. "Columbus Avenue's approach complements the innovation and technology Israel is known for."
Yitz Raab, former partner and CFO of KCPS & Company heads the new office which focuses on servicing hedge funds, private equity funds, fund of funds and managed account platforms.
Columbus Avenue estimates there are about 40 hedge funds managing around $2 billion in Israel, which also has a well-established private equity industry with several billion dollars under management.
Columbus Avenue also has offices in New York, Dallas and Toronto.
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…