Sunday, 24 May 2015
Last updated 2 days ago
Apr 9 2013 | 9:26am ET
Hedge fund leverage rose slightly in February as market neutral and equity long/short funds increased their exposure.
The New York Stock Exchange Debt Margin was $366 billion, $2 billion higher than in January. Hedge fund leverage is still $15 billion below its peak level, $381 billion, reached in July 2007.
Market neutral funds went from 2% net long to 7% net long, according to Bank of America Merrill Lynch. Equity long/short funds went from 23% net long to 25%.
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…