Sunday, 19 April 2015
Last updated 16 hours ago
May 13 2008 | 8:43am ET
A former top mutual fund manager at Fidelity Investments has founded a hedge fund.
Graham Clapp, who headed European equities at Fidelity International before his departure last year, has set up Pensato Capital in London, according to regulatory filings. The firm plans to launch a long/short equity fund focusing on Europe, Financial News reports.
Clapp managed Fidelity’s €21 billion (US$27 million) European growth fund for four years. At Pensato, he will work alongside Dawnay, Day Investment Banking veteran Edward Rumble and David Watson, former chief operating officer at private equity firm Coller Capital.
Goldman Sachs is Pensato’s prime broker.
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…