Sunday, 3 May 2015
Last updated 1 day ago
Apr 4 2008 | 11:12am ET
Fitch Ratings, the agency that is beginning to grade funds of hedge funds, has given its first rating to Olympia Capital Management. And Mr. and Mrs. Olympia Capital can be pretty proud of their child.
Olympia received the second highest rating possible: FoHF M2 (Strong), based on “considerable experience the firm has acquired in FoHF management since its debut in 1989, the high profile of its senior management and the strong processes in place for hedge fund selection, portfolio construction and risk management.” Fitch will continue to monitor Olympia Capital Management on an on-going basis.
The highest rating is "FoHF M1," with four decreasing levels ending at "FoHF M5."
Olympia Capital Management is the main subsidiary of the Paris-based Olympia Group of Companies and manages more than US$6 billion of assets predominantly in funds of hedge funds.
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…