Thursday, 26 March 2015
Last updated 2 hours ago
Dec 10 2007 | 8:01am ET
An investor group including a hedge fund chief and private equity banker took control of the National Hockey League’s Nashville Predators Friday, and was greeted by a victory.
Predators Holdings, which includes Joel Dobberpuhl, the founder and CEO of hedge fund Jetstream Capital, and Warren Woo, a founding partner of boutique investment bank and private equity manager Moelis & Co., bought the Predators for $193 million. The NHL approved the deal last Thursday.
“We look forward to contributing to the Predators’ success on and off the ice and solidifying the franchise’s future in Nashville,” Predators Holdings Chairman David Freeman said. In their first game under the new regime, the Predators defeated the Anaheim Ducks 4-2.
The group has negotiated changes to the team’s lease of Nashville’s Sommet Center, which still require city approval.
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…