Sunday, 26 April 2015
Last updated 1 day ago
Jun 18 2013 | 10:59am ET
Another hedge fund firm is mulling a low-fee approach for its next offering.
GSA Capital Partners may launch a quantitative trend-following hedge fund that charges no performance fee, Financial News reports. It is unclear how high a management fee GSA would seek for the fund.
Word of GSA's plans follows news that Algebris Investments will launch a long-only financials fund that charges just a 0.9% management fee. Earlier this year, Cantab Capital Partners rolled out a managed futures fund that charges only 0.5% for management and 10% for performance, far below standard industry rates.
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…