Thursday, 7 May 2015
Last updated 11 hours ago
May 15 2008 | 10:07am ET
Denver-based Quixote Capital Management is closing its doors, its crusade fatally wounded by the ongoing credit crisis.
Founder Jerry Paul, who earlier this year closed Quixote’s mutual fund, said the firm’s hedge fund will liquidate this month. With little capital available to pursue buyouts and acquisitions, Paul told the Denver Post that “there is not much to do” with his merger arbitrage offering.
The fund’s returns have been in the single-digits, Paul, a former high-yield and fixed-income manager at Invesco Funds Group, says. The fund manages about $30 million.
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…