Wednesday, 1 April 2015
Last updated 7 hours ago
Jan 7 2013 | 12:54pm ET
Add Jana Partners and Omega Advisors to the ranks of hedge funds making bank last year, alongside Citadel Investment Group, Glenview Capital Partners and Third Point.
Jana's eponymous flagship hedge fund rose 23.2% last year, Reuters reports. The firm's Nirvana Fund did even better, jumping 33.3%.
Omega's main fund, for its part, added 26% on the year.
Third Point's funds rose between 21.1% and 33.6% last year, Citadel's two flagships rose 26% and Glenview's flagship was up almost 30% on Dec. 21.
Pershing Square Capital Management was not quite in that class. But the New York-based activist posted a 5.8% December return to boost its full-year return to a respectable 12.4%.
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…