Wednesday, 1 April 2015
Last updated 8 hours ago
Apr 4 2013 | 12:39am ET
Hedge fund Denjoy Capital Partners has snared Ridley Park Capital's chief operating officer as it gears up for a fundraising push.
London-based Denjoy named Ian Bickerstaffe to the same post, Financial News reports. His arrival coincides with Denjoy's plan to raise several hundred million dollars to add to the US$200 million it already manages, and his presence may help ease the minds of institutional investors.
Denjoy is led by former Brevan Howard Asset Management partner Frederic Denjoy. The long/short equity fund debuted in 2011 and has posted double-digit returns in each of the last two years—and is already up 11.29% this year, through February.
Denjoy won the backing of the Blackstone Group for the hedge fund, a concentrated portfolio focused on Europe, but with some U.S. and Asia exposure.
Ridley Park founder Julian Barnett pulled the plug on the hedge fund in November. Prior to joining it, Bickerstaffe worked with Barnett at Polar Capital Management.
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…