Tuesday, 21 April 2015
Last updated 11 hours ago
Mar 26 2014 | 1:35pm ET
Senvest Capital’s strategy involves seeking out stocks that could double—or more—in value. Last year, the hedge fund found such stocks, not once, but seven times.
Indeed, seven of Senvest Partners’ 20 largest holdings returned 100% or more last month, powering the $550 million hedge fund to a 79.4% return. The gain earned the 17-year-old fund the title of Bloomberg Markets’ best-performing mid-sized hedge fund of 2013.
Impressive as the return was, it isn’t even close to Senvest’s best year, which was 2009, when it returned 229%. The fund also rose 169% in 2003, although it lost 54% in 2008.
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…