Tuesday, 31 March 2015
Last updated 13 hours ago
Jan 3 2013 | 12:22pm ET
Glenview Capital Partners bounced back in a big way last year, posting double-digit returns in its two hedge funds.
The $4.5 billion firm's flagship was up 29.31% through Dec. 21, 5.72% of that during those most recent 21 days, the New York Post reports. Its smaller Go opportunities fund is up about twice that, according to the tabloid.
Glenview credited the big returns to investments in hospital stocks. Firm founder Larry Robbins has argued that the U.S. healthcare reform law will prove a boon to for-profit hospitals.
Glenview's $3.6 billion flagship fell 12% in 2011.
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…