Friday, 27 March 2015
Last updated 3 hours ago
Nov 8 2012 | 2:49pm ET
Canyon Capital Advisors' former top man in London will launch a hedge fund of his own next year.
Mans Larsson has founded Makuria Investment Management in London. The new firm will launch a credit hedge fund early next year.
Makuria, which is not yet registered with the Financial Services Authority but is registered with Companies House—its offices in London's hedge fund haven, Mayfair—will focus on European distressed debt and special situations, Reuters reports.
The Swedish Larsson left Canyon in April. Before joining the hedge fund, he worked at Silver Point Capital and at Goldman Sachs' private equity arm.
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…