Thursday, 26 March 2015
Last updated 13 min ago
Jun 28 2013 | 9:32am ET
To SAC Capital Advisors' recent travails, add the fact that the hedge fund has apparently gone to the birds.
While reports differ on how widespread the infestation was—and on its impact on SAC—it is clear that some avian invaders found their way inside of SAC's Stamford, Conn., headquarters. The Web site Guest of a Guest reports that in excess of 15 birds breached security on Wednesday, causing SAC to close its trading floor to allow the birds to be captured and released.
But a source told Dealbreaker that the infestation was not nearly so bad, that it was confined to a single walled office and did not lead to the closure of the trading floor.
SAC is under investigation for insider-trading, a probe that has led to billions of dollars in redemptions from the legendary hedge fund.
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…