Tuesday, 31 March 2015
Last updated 1 hour ago
Sep 14 2006 | 12:00am ET
Credit Suisse has joined forces with hedge fund Ospraie Management, forming a strategic alliance that is the latest in a string of agreements and alliances that the investment bank hopes can jump-start its alternative investment business.
The deal with Ospraie includes an investment in the New York-based firm, and is designed to give CS greater access to the commodity and basic industry markets.
In recent months, CS has teamed up with Switzerland’s Glencore, the Abu Dhabi Future Energy Company and China Renaissance Capital to expand its global alternatives business. It is also targeting Latin America, as well as focusing on private equity.
The firm is reportedly in talks to acquire Brazil’s Hedging-Griffo.
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…