Thursday, 2 April 2015
Last updated 10 hours ago
Nov 16 2007 | 1:41pm ET
RMF Investment Management has launched RMF Global Emerging Managers, a hedge fund seeding vehicle, which is being billed as a change from the traditional approach to seeding emerging hedge funds.
The fund incorporates a revenue-sharing scheme whereby underlying managers will share with investors a fixed proportion of their gross revenues. The fund has made its first two investments and plans to increase its portfolio to between eight and 10 investments over the first 12 to 18 months.
“RMF offers an innovative financing technique for new hedge funds to stimulate their growth,” says Hans Hurschler, head of hedge fund ventures. “It is a true alignment of interest. RMF is profiting from the growth of the start-ups and the owners have a higher incentive to build their business on performance.”
RMF was founded in 1992 and now manages more than $25 billion in total assets.
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…