Wednesday, 1 April 2015
Last updated 5 hours ago
Mar 26 2013 | 11:55am ET
Millennium Management chief Israel Englander's brokerage business has set up a new technology platform for its rebranded prime brokerage arm.
Israel A. Englander & Co. said it has expanded its prime brokerage business, which is now known as managed accounts and prime services, particularly with a new platform designed for hedge funds managing less than $250 million. I.A. Englander now offers prime brokerage services enhanced by customized investment solutions, including to separately-managed accounts, it said.
"MA&PS is a dynamic innovation that is the first of its kind enabling hedge fund managers and investors to utilize comprehensive and value-added services on a single customizable technology platform that will give them competitive and strategic advantages in today's rapidly changing and increasingly complex environment," Stephen Tobias, president of I.A. Englander, said.
I.A. Englander hired a new prime-brokerage chief, Frederick Scuteri from Thomson Reuters, in December.
Englander remains a passive minority investor in I.A. Englander.
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…