Tuesday, 26 May 2015
Last updated 2 min ago
Jul 1 2013 | 1:24am ET
Add Tudor Investment Corp. to the roster of last month’s hedge fund victims.
The firm’s Tensor Fund was down 4.35% through June 21, leaving it down 2% on the year, DealBreaker reports. The loss leaves the fund 15% below its high-water mark, according to a source, and down for the third year in a row—albeit with plenty of time to make up the losses.
According to DealBreaker’s source, there may be deeper issues at Tensor, however.
There was an exodus of people in January, just after bonuses (or the lack of them) were paid,” the source said.
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…