Friday, 27 March 2015
Last updated 2 min ago
Apr 24 2013 | 10:19am ET
A Singapore court has dismissed a lawsuit arising from a dispute between the founders of hedge fund Hachiman Capital Management.
Toro Ueda had sued Yashwant Bajaj, accusing his former partner of violating their separation agreement by moving US$458,965 from Hachiman to his new hedge fund, Juggernaut Capital Management. A Singapore High Court assistant registrar threw the case out last week.
Ueda had sought at least US$365,400 from Bajaj, alleging also that Bajaj had failed to account for a US$247,197 trading loss. A lawyer for Bajaj told Bloomberg News that Uedo still has a US$77,000 claim against his client over that loss allocation.
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…