Wednesday, 6 May 2015
Last updated 55 sec ago
Oct 4 2007 | 7:47am ET
Thames River Capital is preparing to boost the assets in its publicly-traded hedge fund vehicle for the second time in the second half.
The £154 million Thames River Multi Hedge fund of funds had already doubled in size in July, raising £73 million in new assets. Thames River plans to issue between £50 million and £100 million in new shares, it told the London Stock Exchange yesterday.
The firm said the closely-bunched share sales are needed to meet demand.
Multi Hedge has enjoyed strong performance over the past six months, as many other hedge funds suffered, rising 11%. The shares are currently trading at a 4% premium to net-asset value.
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…