Tuesday, 28 April 2015
Last updated 15 hours ago
Aug 23 2013 | 5:18am ET
Credit Suisse’s Brazilian hedge fund joint-venture has raised more than US$1 billion for its maiden vehicle.
Peninsula Investimentos, a partnership between the Swiss bank and 16 executives, netted 3.25 billion reais (US$1.3 billion) for the Peninsula Hedge Master Fundo de Investimento Multimercado, it said in a filing with Brazilian regulators. The fund launched in December and is now closed to new investments.
Through this week, the fund is up 7.14% on the year.
The fund will invest exclusively in liquid assets, including stocks, bonds and futures.
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…