Monday, 27 April 2015
Last updated 2 days ago
Feb 11 2008 | 9:43am ET
Goldman Sachs’ Petershill private equity fund has taken its second stake in a London hedge fund manager.
The US$500 million p.e. fund has bought a 19.99% stake in Capula Investment Management, a US$3 billion fixed-income hedge fund manager. The fund paid as much as US$100 million for the non-voting stake, the Financial Times reports.
Capula was founded three years ago by UFJ International veterans Yan Huo and Masao Asai. It returned more than 18% last year.
Goldman set up Petershill, run from London by Jonathan Sorrell, to take stakes in hedge fund management firms. In October, it took a 10% stake in Winton Capital Management.
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…