Saturday, 28 March 2015
Last updated 6 hours ago
Jul 3 2012 | 1:20pm ET
Elliott Management has sold its MF Global debt and resigned from the bankrupt futures brokerage's creditors committee.
Elliott's move comes after it successfully won the right last year to both sit on the committee and continue to trade MF Global securities. But it has sold its position, indicating that there remains an active market for the collapsed firm's debt.
The hedge fund has been replaced on the creditors committee by JE Meuret Grain Co.
MF Global went under in October due to its exposure to European debt.
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…