Sunday, 29 March 2015
Last updated 1 day ago
Sep 8 2006 | 12:00am ET
QuantInvest has launched its first hedge fund, a long/short and statistical arbitrage vehicle. The New Jersey-based fund, which is being managed by Pierre Vaysse, will invest in 20-40 mega-cap stocks and employ pattern recognition programs more commonly associated with high-end scientific research, according to an investor in the fund.
“The principles, datasets and algorithms built thereon, are designed to be timeless and dynamic. The fund is not dependent on mean reverting pairs or similar overexploited statistical strategies,” the investor wrote in an email to FINalternatives, adding that the fund provides monthly liquidity.
The size of the fund could not be determined, but thus far investors consist of high-net-worth individuals. VanthedgePoint Group is serving as a prime broker to the fund.
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…