Sunday, 26 April 2015
Last updated 2 days ago
Nov 18 2013 | 1:47pm ET
A pair of hedge funds have emerged as among the biggest investors in Third Point's reinsurance unit, which it took public this summer.
Cambiar Investors owns a $35.9 million stake in Third Point Re and Citadel Investment Group a $31.9 million stake, according to regulatory filings current as of the end of September. Third Point Re went public in August and, after an initially rocky start, has seen its share price rise by 20%.
Cambiar and Citadel's stakes account for more than 20% of the shares Third Point Re sold in its $276 million IPO.
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…