Friday, 27 March 2015
Last updated 1 hour ago
Jan 23 2012 | 2:07pm ET
MMI Investments is liquidating its hedge fund and closing its doors.
Jerome Lande and Clay Lifflander, founders of the New York-based activist shop, have decided to end their partnership, Reuters reports. The split is reportedly amicable.
MMI has all but stopped investing in recent weeks and in November abruptly ended its activist campaign against communications equipment manufacturer Comtech Telecommunications.
MMI has been liquidating its portfolio for several weeks, according to Reuters.
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…