Jul 11 2012 | 1:39pm ET
Passport Capital is pulling the plug on its six-year-old materials fund, which has lost almost one-third of its value this year.
The Passport Materials Fund is down 31% this year after losing 17% in the second quarter, it told investors in a letter this week. Over the past 12 months, the fund is down 45%, cutting its return since inception in March 2006 to just 6.6%.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…