Monday, 30 March 2015
Last updated 2 days ago
Jun 4 2013 | 12:04pm ET
Deepak Gulati, JPMorgan Chase's former top proprietary equities trader, has launched his Argentière Capital hedge fund with about US$300 million.
Zug, Switzerland-based Argentière—named for a French Alpine ski resort—began trading yesterday, Bloomberg News reports. The fund employs event-driven, volatility and quantitative strategies.
Argentière debuted with a staff of 15, seven of whom worked at JPMorgan Chase.
Earlier this year, it was reported that Gulati was seeking up to US$500 million for Argentière at launch. The firm will stop marketing its debut fund if it reaches US$750 million in assets.
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…