Wednesday, 27 May 2015
Last updated 4 hours ago
May 1 2012 | 3:09am ET
Pacific Alternative Asset Management has garnered more than $100 million for its latest institutional offering.
The Irvine, Calif.-based fund of hedge funds manager said in a Securities and Exchange Commission it has raised the nine figures from 24 institutional clients since its opening on April 16. All told, PAAMCo has some $8 billion in assets under management.
The customized hedge fund will be open to institutional clients for more than a year, PAAMCo said in the Friday filing. Interested investors will have to pony up at least $1 million to meet the minimum investment requirement.
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…