Monday, 30 March 2015
Last updated 2 min ago
Apr 16 2013 | 1:59pm ET
Former GLG Partners trader James Berger is readying a new hedge fund for launch this summer.
Berger's B1 Capital will launch a Europe-focused, fundamental long/short equity fund, Financial News reports. He has won a seed investment and will debut with that and investments from a handful of anchor investors.
Pfäffikon, Switzerland-based B1 has a team of six, including Berger and Megan Kenney, who serves as CEO. Kenney was European head of capital services at Credit Suisse until October.
Berger left GLG in July. At the Man Group unit, which he joined in 2007, he co-managed its European Opportunity Fund. Prior to his time at GLG, Berger worked at JPMorgan Chase and Goldman Sachs.
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…