Monday, 30 March 2015
Last updated 2 days ago
Aug 7 2013 | 11:50am ET
A pair of prominent hedge fund activists continued their winning ways in July.
Both Daniel Loeb's Third Point and David Einhorn's Greenlight Capital posted gains just shy of 3% last month, Reuters reports. Third Point's flagship Offshore Fund rose 2.9% and Greenlight 2.8%.
The gain puts the latter into double-digits for the year, with a return of 10.3% through 2013's first seven months. Third Point was already there, and is now up 15.9%. A more highly-levered version Third Point's main strategy, its Ultra Fund, is up 23.6% on the year after a 4.1% jump in July.
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…