Friday, 17 April 2015
Last updated 10 hours ago
Oct 1 2007 | 12:49pm ET
New Star Asset Management has high hopes for its new real estate hedge fund, saying it hopes to increase its assets eightfold.
The British hedge fund manager launched the New Start Real Estate Hedge Fund today with US$50 million in commitments. But the firm said it sees a US$400 million fund in its mind’s eye.
The new fund, plans for which were announced in July, will focus on European listed property securities and is to be managed by Rock Capital veteran Robin White. In addition to real estate investment trusts, the fund can also invest in private real estate funds and derivatives.
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…