Tuesday, 26 May 2015
Last updated 2 hours ago
May 24 2012 | 3:19am ET
Hedge fund seeder IMQubator has struck upon a new idea to help its seedlings grow.
The firm has launched a capital introduction platform, allowing the hedge funds it has invested with to connect with third-party marketers and placement agents. It allows all of the firm's member funds to monitor their fellow seedlings' interactions with the agents who sign up with the IMQ Capital Introduction Network.
"This is part of our continuing effort to assist the IMQubator seeded funds with their business development, and in introducing the global institutional industry to the new generation of hedge funds, IMQ has taken the inventive step of creating a proprietary, online intermediary network, whereby chosen agents can promote our underlying managers to their respective investor contacts," IMQubator founder Jeroen Tielman said. "The system has been designed to streamline and add transparency to all interaction between agents and managers. With a number of best-of-breed agents already on board, we see this as the start of a very exciting development indeed."
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…