Monday, 30 March 2015
Last updated 2 days ago
Nov 14 2007 | 1:57pm ET
Ivy Asset Management, a hedge fund of funds and alternative investment management firm with over $15 billion in assets, has hired Alex Balfour as managing director, head of client development, Asia (ex-Japan). Balfour will be based in Hong Kong, where the firm expects to open its sixth office in the first half of 2008.
Balfour will report to Patrick Thomson, managing director, and will be responsible for both client development and managing the Hong Kong office.
“With over 40% of the firm’s assets outside of the U.S., we have seen our international business grow dramatically over recent years and now look to Asia as the next critical growth market for bringing the firm to the next level,” said Thompson.
Balfour joins Ivy from Union Bancaire Privée, where he was managing director, head of Asian institutional business. Prior to that, he founded Balfour Capital, an Asian hedge fund, which he ran for eight years. He also spent eight years at Baring Asset Management as a portfolio manager focused on the Japanese markets.
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…