Saturday, 18 April 2015
Last updated 10 hours ago
Nov 14 2007 | 8:15am ET
U.K.-based alternative asset manager RAB Capital is making a push into the Japanese investment marketplace with the acquisition of a 20% stake in Tokyo-based Prestige Asset Management.
The Japanese firm, which was established in 2004 by former Goldman Sachs managing director Makoto Matsuzaki, focuses on investment advisory and distribution of investment products in Japan.
“Makoto Matsuzaki has put together an impressive team that has already been successful in distributing selective RAB products,” said Michael Alen-Buckley, RAB Capital executive chairman. “This strategic shareholding further deepens our relationship, and reflects the goal of establishing broader cooperation with Prestige in promoting the RAB offering in Japan.”
RAB Capital currently boasts $7.1 billion of assets under management. The firm manages 15 absolute return strategies with assets in excess of $100 million (13 single strategy and 2 multi strategy) and also manages the AIM-listed RAB Special Situations Company.
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…