Monday, 30 March 2015
Last updated 2 hours ago
Jun 3 2013 | 1:28pm ET
Private-equity firm SunTx Capital Partners has gone into the hedge fund business.
The Dallas-based firm's founding partners have launched a new hedge fund manager, IXTHYS Capital Management. The new firm will be based at SunTx's headquarters, but will be managed separately from the p.e. firm.
IXTHYS is led by Ron Dodson, who joins the firm from NorCap Investment Management. Dodson will serve as the new firm's portfolio manager; SunTx's founding partners have put up its initial capital.
IXTHYS will focus on Dodson's specialty, trading listed derivatives.
"We are pleased to announce the formation of IXTHYS Premium Alpha Fund and our new strategic partnership with Ron Dodson, whom I have known and respected for a very long time," SunTx's Ned Flemming said. "We are very excited about this opportunity.”
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…