Wednesday, 1 April 2015
Last updated 21 min ago
Jan 31 2012 | 1:12pm ET
The head of U.S. distressed-debt trading at Deutsche Bank is planning a hedge fund.
C.J. Lanktree left the German bank last week with another director on his desk, Scott Martin. The two will launch a distressed-debt hedge fund, The Wall Street Journal reports.
Money seems to be the issue: Lanktree was reportedly unhappy with his compensation at Deutsche Bank. He took over the bank's distressed-debt desk during the financial crisis.
Deutsche Bank has named Chad Valerio and Matt Siravo to take over for Lanktree and Martin.
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…