Sunday, 29 March 2015
Last updated 1 day ago
Aug 30 2012 | 3:41am ET
Hedge fund GoldenTree Asset Management has added a Morgan Stanley distressed-trading veteran to lead its own trading business.
The New York-based hedge fund named Daniel Ornstein co-head of trading, alongside Corey Geis, Bloomberg News reports.
Ornstein was head of North American distressed trading at Morgan Stanley.
GoldenTree specializes in leveraged loans, high-yield debt and collateralized loan obligations. The firm, which has $16 billion in assets, raised a $590 million CLO with Bank of America last week.
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…