Monday, 30 March 2015
Last updated 2 days ago
Apr 3 2014 | 10:34am ET
Och-Ziff Capital Management’s hedge funds lost ground last month, it said in a regulatory filing.
The firm’s flagship OZ Master Fund shed 1.99% on the month and is essentially flat on the year. Also dropping into barely positive territory in March was Och-Ziff’s Europe Master Fund, which fell 1.21% last month.
Both funds are at least still marginally up on the year. The firm’s Asia Master Fund is now down 6.7% in 2014 after falling 4.06% last month.
The news was not all bad in March: While Och-Ziff’s funds struggled in the markets, it enjoyed a “particularly strong month” among investors, taking in $1.1 billion in new money.
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…