Wednesday, 27 May 2015
Last updated 8 min ago
Jan 3 2014 | 3:09pm ET
Third Point punctuated an impressive 2013 with another monthly gain.
The New York-based hedge fund's Offshore Fund jumped 2.3% in December to end the year up 25.2%, Reuters reports. The more highly-levered Third Point Ultra Fund added 3.4% last month to finish the year up 37.9%, making it one of the few hedge funds in 2013 to handily top the broader markets.
December's gains also helped Third Point top its 2012 returns, when Offshore rose 21.1% and Ultra 33.5%.
Third Point has $14 billion in assets under management.
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…