Monday, 30 March 2015
Last updated 2 days ago
Jan 8 2013 | 1:36pm ET
Last year was another bad one for Paulson & Co.—but it wasn't as bad as it could have been.
The embattled New York hedge fund saw its Advantage Plus Fund rally in December, with a 4.5% return. That cut its loss to 19% for the year, Bloomberg News reports.
Last month's gain for Advantage Plus also indicates that the firm's flagship Advantage Fund, a less-levered version of the same strategy, will have pared its loss in December, although likely by less than Advantage Plus. Advantage was down more than 17% through November.
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…