Wednesday, 6 May 2015
Last updated 20 hours ago
Feb 28 2008 | 8:05am ET
A London hedge fund is down by more than 50%. In January.
Richmond Capital, which managed €350 (US$524 million) before last month, was battered during the first month of the year, one of the worst in the history of the hedge fund industry, with the average fund falling by about 2%.
The Wall Street Journal first reported the disaster at Richmond, founded three years ago by Egerton Capital veteran Luca Bechis.
The concentrated long/short fund was flat last year after posting double-digit gains in its first two years.
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…