Monday, 30 March 2015
Last updated 2 days ago
Jan 14 2008 | 4:08pm ET
Another hedge fund is set to buy a piece of the beautiful game, as Burbank, Calif.-based Shamrock Holdings is reportedly close to a deal with troubled British team Derby County Football Club.
Derby Chairman Adam Pearson, who bought a majority stake in the Rams in September, has said he would seek a cash infusion for the club, which is facing relegation from Britain’s top-flight Premier League at the end of the season. The team is firmly in last place, with just one win against 17 losses and four draws.
Shamrock Holdings is led by Roy Disney—Walt Disney’s nephew.
Should a deal go through, it would be the second in a month involving a hedge fund. Last month, London-based Sisu Capital reached an agreement to buy Coventry City Football Club, after the hedge fund’s talks with Southampton Football Club stalled.
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…