Wednesday, 1 April 2015
Last updated 8 hours ago
Nov 7 2007 | 12:58pm ET
New York-based Lincoln Park Asset Management is prepping a credit arbitrage hedge fund to be launched in the first quarter. Lincoln Park is headed by Samuel Vulakh, a former credit derivatives trader for Bear Stearns and Credit Suisse First Boston.
The fund’s non-directional credit strategy will focus on global high yield mandates, according to a source with knowledge of the fund.
The source told FINalternatives that the fund will invest in more liquid names but declined to further elaborate on its strategy. However, the source offered that the fund is looking to raise its assets from the institutional crowd.
Lincoln Park opened its doors for business this summer and is currently in the process of finalizing its team and infrastructure.
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…