Monday, 30 March 2015
Last updated 2 days ago
Jan 21 2014 | 12:25pm ET
A hedge fund helmed by a trio of former Goldman Sachs bankers has launched its Japan-focused maiden offering.
Golvis Investment rolled out its maiden hedge fund earlier this month with employee capital, Bloomberg News reports. Early returns are good, with the Asia Opportunity Fund up almost 2% through mid-January.
The firm plans to open the fund to outside investors during the first quarter.
Singapore-based Golvis was founded last year by Koji Gotoda, Takayuki Kasama and Taiichi Hoshino, Goldman vets all. Gotoda was head of Asian convertible bond trading at the bank, Kasama co-head of Japanese credit trading and Hoshino a managing director focused on fund structuring and marketing in Tokyo.
Golvis now employs 12 people, including five in the Japanese capital. All of them worked at Goldman under Gotoda and Kasama.
Golvis invests across asset classes, setting it apart from most Japan-focused hedge funds, which invest primarily in stocks.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…