Saturday, 28 March 2015
Last updated 1 day ago
Apr 22 2013 | 2:15pm ET
A top UBS credit trader is set to launch a hedge fund this summer.
Yassir Benjelloun-Touimi's Arcarde Capital Partners will offer its maiden fund in early July, Reuters reports. The vehicle is expected to debut with about US$150 million in initial assets.
Arcade will focus on the most liquid credits.
Benjelloun-Touimi was head of European credit flow trading at UBS; his former employer will serve as Arcade's prime broker. A former global head of portfolio management at UBS, Benjelloun-Touimi was head of credit arbitrage at Bank of America Merrill Lynch before joining the Swiss bank in 2009. He also formerly served as head of index trading at BNP Paribas.
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…