Tuesday, 26 May 2015
Last updated 3 days ago
Mar 18 2013 | 2:08pm ET
The hedge fund launched last year by The Children's Investment Fund veteran Stuart Powers has soft-closed with US$750 million.
London-based Hengistbury Investment Partners has doubled its assets under management since its debut. The firm's flagship hedge fund, which debuted on New Year's Day last year, soared 22% in 2012, and is up 2% this year, the Financial Times reports.
Hengistbury will now accept investment only from existing investors.
Powers was a partner and a top analyst at TCI. His former firm actually did even better than his new offering last year, rising 29.54%.
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…