Tuesday, 31 March 2015
Last updated 2 hours ago
Mar 9 2012 | 11:00am ET
Two hedge funds are joining forces to form a $100 million fund of hedge funds from two funds previously run separately.
Gorelick Brothers Capital and Access Fund Management have merged Gorelick's Morrocraft Diversified Fund and Access' Access Fund. The product of the combination will retain the Access Fund name, but will be primarily managed by Charlotte, N.C.-based Gorelick, the Charlotte Business Journal reports.
Prior to the merger, Morrocraft has about $30 million in assets under management.
Access is based in San Francisco.
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…