Saturday, 23 May 2015
Last updated 13 hours ago
May 28 2008 | 2:00am ET
The Blackstone Group’s new Asian event-driven shop plans to offer its first hedge fund in October. Blackstone Altius Advisors’ first offering could debut with as much as US$1 billion.
The new group, headed by SAC Capital Advisors veteran Aaron Nieman, was announced earlier this month. It also features former Banc of America Securities prime brokerage chief Christopher Pesce.
Blackstone will initially invest US$150 million in the Altius fund, Bloomberg News reports. The firm plans to raise between US$500 million and US$1 billion, it told potential investors.
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…