Tuesday, 31 March 2015
Last updated 5 min ago
May 18 2012 | 4:05am ET
The former head of the U.K. government's bank bailout fund has joined hedge fund Strategic Value Partners.
David Cooksey was named to the advisory board at the Greenwich, Conn.-based firm, founded in 2001 by Merrill Lynch veteran Victor Khosla, the Financial Times reports. SVP focuses on distressed debt strategies.
Cooksey was chairman of U.K. Financial Investments, which oversees the British government's stakes in bailed-out banks, from 2009 until his retirement in January.
SVP has some US$4 billion in assets under management.
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…