Thursday, 26 March 2015
Last updated 1 hour ago
May 5 2008 | 12:27pm ET
The first top executive from defunct UBS hedge fund Dillon Read Capital Management has resurfaced with his own hedge fund shop.
Mike Hutchins, who served as chief investment officer at Dillon Read, has founded a hedge fund called BlueHawk, Financial News reports. The new firm reportedly employs some 15 Dillon Read veterans.
UBS shuttered Dillon Read a year ago—just over a year after it set the group up in an effort to hold on to investment banking CEO John Costas—after it posted US$150 million in subprime-linked losses. Costas left UBS late 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…