Tuesday, 31 March 2015
Last updated 2 hours ago
Jan 31 2012 | 10:02pm ET
A $1 billion New York hedge fund has raked in more than $200 million for its new offering in just a month.
Southpoint Capital Advisors opened its Cayman Islands-domiciled fund on Jan. 1, and as of yesterday had garnered $233 million from 24 investors, it said in a Securities and Exchange Commission filing. Southpoint said that the figure is only for sales to U.S. investors and does not take into account any redemptions or withdrawals.
The fund, managed by Southpoint CFO Anthony Buffalano, has a $1 million minimum investment requirement.
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…