Sunday, 29 March 2015
Last updated 1 day ago
Jun 19 2012 | 1:36pm ET
New York-based hedge fund seeder Stride Capital Group is looking to give a helping hand to two additional hedge funds this year.
The firm, founded by Managing Partner Don Rogers, generally makes three investments per year and has already made one in 2012. Rogers told Bloomberg News the successful candidates for the remaining two allocations will be fundamental asset managers trading various assets globally, have up to $500 million AUM and a strategy that gives them a distinct and sustainable advantage.
Stride’s seed investments vary in size, but Rogers described $50 million as “a good spot for us.”
Prior to founding Stride in 2010, Rogers was a partner and founding team member of SkyBridge Capital, which successfully seeded eight start-up and emerging hedge funds in three countries during his tenure. Rogers has also been investing in emerging alternative managers since 1994 as co-founder and co-general partner of Rogers Investment Partners.
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…