Saturday, 28 March 2015
Last updated 1 day ago
Jul 1 2013 | 1:21am ET
A fellow hedge fund manager has ensured that David Einhorn will not repeat his performance at the 2006 World Series of Poker.
Skylar Capital Management found Bill Perkins ousted Einhorn from the “One Drop High Roller” charity tournament on Friday. The competition is one of 62 that make up the WSOP, and features a $111,111 buy-in and $4.8 million prize for the winner.
Perkins used a pair of aces to bust Einhorn, yelling “Leeeroy Jenkins” when the Greenlight Capital founder went all-in. The phrase was popularized by the videogame “World of Warcraft” and refers to a character who recklessly runs into action while shouting his name.
Einhorn, who finished in 18th place in the 2006 WSOP and who last year finished third in the richest poker tournament in history, finished in 72nd place.
In addition to Perkins and Einhorn, SHK Asset Management founder Daniel Shak also participated in the charity tournament, held in Las Vegas.
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…