Friday, 22 May 2015
Last updated 3 hours ago
Jan 11 2012 | 4:29pm ET
It was a tough year for Tudor Investment Corp., while two other prominent hedge funds managed to salvage a difficult year for the industry.
Tudor's Tensor Fund lost 10.27% last year, according to Dealbreaker. The fund fell 0.08% in December. News wasn't all bad for Tudor, as its Momentum Fund managed to beat industry indices, which lost about 4% last year, with a loss of just 2.74% on the year after surging 2.1% last month.
Renaissance Technologies' Institutional Equities Fund was among the best-performing hedge funds of 2011. Its Institutional Futures Fund can't make that claim, but the vehicle did post a positive return, rising 1.77% after giving back 1.56% in December.
Also suffering a disappointing year, relatively, was SAC Capital Advisors veteran Ping Jiang. Ping Capital's Exceptional Value Fund, which posted triple-digit returns in both 2009 and 2010, managed to end 2011 in the black, soaring 7.21% in December to finish the year up 1.79%.
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…