Tuesday, 23 September 2014
Last updated 10 hours ago
Jun 27 2007 | 9:18am ET
Yorkville Advisors—the investment manager to Cornell Capital Partners—recently opened an office in Israel as part of its continued global expansion. The move comes on the heels of the firm opening an office in Milan in March.
Based in Tel Aviv, Cornell Israel Limited will be staffed initially by a team of five executives under a joint venture with Amos Bentzur and Co, an Israeli law firm. According to the agreement, Amos Bentzur will act as the exclusive agent for sourcing deals for Cornell Capital in the region.
”This is a major development for Cornell and it’s an honor to have a presence in a nation that has more biotech start-ups per capita than any other country,” said Mark Angelo, founder of Cornell Capital Partners. “We have already invested in several Israel-based companies and are excited about pursuing many more opportunities.”
While its primary focus will be Israeli companies, the firm will use its Tel Aviv office as a gateway to access other key regions in the Middle East and Central Asia.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.