Friday, 27 March 2015
Last updated 12 min ago
Apr 3 2014 | 10:35am ET
Nascent hedge fund Eyck Capital Management has won a big backer.
The London-based distressed-debt specialist has entered into a strategic relationship with Bahrain-based alternative investments giant Investcorp. The latter’s U.S. hedge fund business will provide Eyck, founded last year by Khing Oei, with an undisclosed amount of acceleration capital.
“Investcorp has an excellent track record of identifying high-quality emerging managers,” Oei, formerly of Goldman Sachs and Halcyon Asset Management, said. “Their support is a strong validator of our investment approach to European opportunities.”
Investcorp normally provides funds with between US$50 million and US$100 million in seed capital.
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…