Saturday, 28 March 2015
Last updated 5 hours ago
Jan 15 2013 | 11:50am ET
The recent capture on video of the elusive giant squid—the tape is set to make its debut later this month on the Discovery Channel—was made possible by Bridgewater Associates founder Ray Dalio.
The billionaire financed the expedition, which took place in June and July. The trip succeeded in videoing the iridescent squid six times; previously, the animal, which resides about 2,000 feet under and is as long as a school bus, had only been seen alive on still photographs.
Dalio owns the yacht and $2 million submarine used in the expedition, CNBC reports. He bought the yacht, the Alucia, two years ago and kitted it out with all manner of scientific equipment.
Dalio was not on the Alucia for the voyage, but is said to be "thrilled" with the results.
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…