Wednesday, 1 April 2015
Last updated 4 min ago
Nov 18 2005 | 8:52pm ET
Westport, Conn.-based hedge fund Pequot Capital Management has hired three former Citadel Investment Group portfolio managers to join the firm's California office.
Peter Labon, Carson Levit and Steve Pigott will serve as managing directors. The three are experiences in technology, media and telecom, growth equity long/short and event-driven areas, respectively. A spokeswoman for Pequot said "the three will work to further broaden Pequot's investment platform." According to a release, the trio is being tasked with developing a new multi-strategy offering. Prior to joining Pequot, Labon managed a long/short technology, media and telecom product at Citadel and an equity long/short product, while Levit managed a diversified equity long/short product.
Before joining Pequot, Pigott founded and managed an event-driven/merger arbitrage investment group at Marin Capital Partners, which recently shut its doors. Prior to that he managed North American merger arbitrage investments at Citadel.
Pequot has a reported $7 billion in assets under management.
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…