Wednesday, 6 May 2015
Last updated 2 hours ago
Nov 28 2007 | 12:25pm ET
Investment firm Carl Marks & Co. has partnered with hedge fund manager BlueStar Capital Management to launch the BlueStar CM Life Sciences Focus Fund. The partnership also gives Carl Marks a stake in BlueStar Capital Management, which invests in healthcare hedge funds.
The new Focus Fund holds a long/short portfolio that includes public healthcare equities in both managed accounts and limited partnerships.
"We feel the healthcare market provides attractive and solid investment opportunities," said Mark Claster, president of Carl Marks.
Jonathan Lach of BlueStar Capital said, "The Focus Fund is invested in the best ideas of some of the best investors in public healthcare equities, a sector that is rich with investment opportunity."
Andrew Boas, a principal at Carl Marks, will join BlueStar Capital's advisory board.
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…