Sep 30 2006 | 8:40am ET
Juno Mother Earth Asset Management is readying to launch its first hedge fund, the Juno Mother Earth Resources Fund, with $50 million to $100 million in assets under management. The new vehicle, which is set to debut on Oct. 1, will invest 80% of its assets in commodities and 20% in energy-sector equities, especially alternative energy names.
“There is a need for alternative sources of energy and it has to happen now,” explains Juno Mother Earth co-founder Joseph Di Virgilio. “We’re not taking a green stand; we still believe there’s a lot of money to be made in oil, gas, coal, etc. But we also think we should be looking into other sources of fuel.”
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…