Monday, 27 April 2015
Last updated 2 days ago
Feb 14 2014 | 8:03am ET
Rather than strike out on his own, former Ziff Brothers Investments trader Parag Pande has joined one of the largest alternative investment firms in the world.
Pande became head of research at the Blackstone Group's fund of hedge funds business this week. The post at Blackstone Alternative Asset Management, the world's largest hedge fund investor, is new, and will see Pande evaluate hedge funds and seek out emerging managers for Blackstone's seeding funds.
Pande was an industrials trader at Ziff Brothers' U.S. hedge fund operation. The family office, which seeded Och-Ziff Capital Management 20 years ago, decided to shut down that business last year. Pande was among a large number of Ziff Brothers veterans expected to launch his own hedge fund following that move.
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…