Monday, 4 May 2015
Last updated 38 min ago
Jul 21 2006 | 5:35pm ET
Mutual fund research giant Morningstar is making a big push into the hedge fund arena, paying $10 million for InvestorForce's Altvest database. The Altvest index covers more than 2,700 hedge funds and 1,700 managers.
As part of the deal, Chicago-based Morningstar will also acquire the other parts of Wayne, Pa.-based InvestorForce's database division: its separate account database and online software programs for manager searches, research and reporting. InvestorForce will license Morningstar's hedge fund, mutual fund and separate account data for its Web-based pension consultant platform. The deal is expected to close in August.
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…