Monday, 30 March 2015
Last updated 29 min ago
Jan 8 2013 | 11:04am ET
Hedge fund GRT Capital Partners has hired a top BlackRock energy trader to manage more than $400 million.
Daniel Rice was named lead portfolio manager for Boston-based GRT's energy strategy. He will manage both long/short and long-only strategies.
“We couldn’t be more excited,” GRT co-founder Tim Krochuk said. “Dan will make a wonderful addition to our existing team of 10 experienced managers. GRT was built by placing proven talent, like Dan Rice, into an advanced trading and compliance platform that enables them to focus 100% on picking stocks. Everyone at GRT is able to concentrate on what they do best—and we believe Dan will thrive in this environment.”
Rice was co-manager of BlackRock's $900 million Energy & Resources Fund, and managed a total of $2.5 billion at the firm.
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…