Monday, 25 May 2015
Last updated 2 days ago
Jun 20 2007 | 8:58am ET
Not one to be left out of the crowd, BlackRock has announced a plan to invest in startup hedge funds as other traditional asset managers and Wall Street giants do the same.
At a conference in Monaco, BlackRock hedge fund chief Howard Berkowitz said his firm will take small stakes in young hedge funds “to be on the ground floor and be able to get a great rate of return.”
Hedge funds have reportedly raised some $10 billion over the past year by selling stakes in their firms.
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…