Friday, 27 March 2015
Last updated 3 hours ago
Jun 5 2014 | 10:28am ET
Former Citadel Investment Group executive Patrik Edsparr’s stay on Nomura International’s board was a short one, indeed.
Edsparr, a former JPMorgan Chase banker who briefly led Citadel’s investment-banking division, joined the Nomura board on Jan. 22. He stepped down as a director on May 20, less than four months later.
Edsparr did not explain his sudden departure, but it is not his first: He led Citadel Securities for less than a year, stepping down due to disagreements with Citadel founder Kenneth Griffin. Edsparr was among a series of top Citadel Securities executives to suffer short tenures at the then-struggling and non-shuttered business.
In 2012, Edparr founded a new hedge fund, Tor Investment Management, in Hong Kong with veterans of Goldman Sachs and Boyer Allan Investment Management.
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…