Friday, 27 March 2015
Last updated 2 hours ago
Mar 10 2014 | 9:24am ET
Gottex Brokers Alternative, a broker in the secondary markets for alternative investments, has opened an office in New York.
The firm, which already has an office in Los Angeles, said it has expanded to the East Coast in response to demand for its services.
Michael Smith has joined the New York office from UBP Asset Management where he was a managing director and senior portfolio manager specializing in commingled fund-of-funds products. He will report to Bruno Bardavid in GBA's Los Angeles office.
Said Raphaël Moreno, CEO of GBA's parent company Gottex Brokers: “The secondary hedge fund market remains very active; there is currently a lot of interest more than five years after the crisis. We believe that the growth in secondary markets for illiquid assets is a long-term trend. Private equity is set to become a key area of interest, and because of this we have ensured that we have the people and infrastructure in place to support our clients moving forward.
Established in 2009, GBA is headquartered in Lausanne, Switzerland.
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…