Sunday, 3 May 2015
Last updated 2 days ago
Jul 10 2007 | 10:04am ET
Emerging markets shop Finisterre Capital has launched a special situations fund with US$90 million of assets under management, including a significant commitment from the firm's partners.
The Finisterre Special Situations Fund invests in event-driven situations in emerging markets and employs a primarily bottom-up strategy rooted in fundamental credit, asset valuation and documentation analysis. Managed by partner Rafaël Biosse Duplan—who has helmed the special situations strategy within the two existing Finisterre funds since early 2006—the strategy has returned 42.8% net of fees and expenses with a volatility of 9.2% over the past 12 months, according to the firm.
Finisterre Capital was founded in October 2002 and manages over US$425 million across its three existing emerging markets products.
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…