Tuesday, 31 March 2015
Last updated 5 hours ago
Jan 30 2008 | 7:17am ET
Citigroup has made a splashy hire to help head its alternative investments unit.
Edward Kelly has been named president of Citi Alternative Investments. He’ll report to John Havens, who remains CEO of the division, though he cedes the title of president to Kelly.
Kelly is a former managing director, head of global financial institutions and co-head of investment banking client management at JPMorgan Chase. Since last year, he has worked at private equity giant The Carlyle Group—his first post with an alternatives firm—on a financial services team. In between, he headed Baltimore-based bank holding company Mercantile Bankshares, which was acquired by PNC Financial Services Group last year.
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…