Friday, 24 April 2015
Last updated 5 hours ago
May 21 2012 | 11:17am ET
Hedge fund-like mutual fund firm Thesis Fund Management has a new head of distribution.
Jay Rosoff has joined broker-dealer Point Capital Markets as a managing director. He'll focus on distribution of Thesis' Flexible Fund, a long/short multi-asset mutual fund helmed by former hedge fund manager Stephen Roseman.
Rosoff was most recently national sales manager at Allianz Global Investors, a member of its independent, bank and regional division. He's also formerly worked at Eaton Vance.
"Financial advisors are beginning to understand the importance of allocating assets to an alternative strategy," Rosoff said. "The Flexible Fund offers investors and financial advisors access to the same type of sophisticated investment strategies that hedge funds use, in a regulated, no load mutual fund format without the lock-up, lack of transparency and fee structures commonly associated with traditional hedge fund investing. We are looking forward to introducing this valuable product to more and more advisors and their clients."
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…