Saturday, 28 March 2015
Last updated 10 hours ago
Apr 7 2008 | 2:00am ET
A listed fund of hedge funds run by Goldman Sachs may issue new shares, it said Friday.
Goldman Sachs Dynamic Opportunities, which launched in July 2006, is mulling the share offer “in response to both new investor and existing shareholder demand,” according to a note sent to the London Stock Exchange. The fund provided no other details about the possible share sale.
The £202.4 million (US$403.5 million) fund of funds—the largest of its kind at launch when it debuted on the LSE—is essentially flat year-to-date, after returning 13.3% last year.
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…