Sunday, 19 April 2015
Last updated 10 hours ago
Nov 6 2013 | 10:36am ET
Fund of hedge funds Gottex Fund Management will join forces with a Chinese firm to expand its foothold in the region.
The Swiss firm will set up a joint venture with VStone Asset Management. The deal will allow Gottex to both invest and raise money in the region, it said.
"Our objective is to build out Gottex capability in China and to be able to provide our investors access to China's onshore markets across equity, fixed-income and private equity," Gottex co-founder Max Gottschalk told Reuters.
The VStone deal is Gottex's second j.v. in Asia this year; last month, it struck a hedge-fund seeding arrangement with Hong Kong-based Headland Strategic.
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…