Wednesday, 27 May 2015
Last updated 37 min ago
Mar 9 2012 | 10:31am ET
One fund of hedge funds has bought a minority stake in another, setting up a strategic partnership.
Lighthouse Partners has bought a slice of Denver-based 361 Capital. It also get access to 361's affiliated advisers and intermediaries, although the two firms will remain independent.
"We're absolutely committed to providing our clients with a full suite of what we believe are well-engineered liquid alternative investment products," 361's Brian Cunningham said. "I believe this new relationship will prove to be a win for everyone concerned."
"And we share the same vision of developing investment funds that seek to provide clients with greater access to a broad range of alternative investments," Lighthouse CEO Sean McGould added.
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…