Wednesday, 1 April 2015
Last updated 3 hours ago
Jun 10 2008 | 2:00am ET
Accelerator Capital, the $150 million seeding joint venture between Arrow Hedge Partners and Marret Asset Management, is making its first commitments to a pair of Canadian long/short managers.
The fund was launched in January and has been performing due diligence onmanagers in North America and other areas, according to Peter Rizakos, president. This summer, the fund will invest in a niche sector long/short stratgey and a more generic strategy, he said, adding that the fund is agnostic in terms of prospective strategies.
However, Rizakos said the fund is currently not reviewing any commodity-based or managed future strategies, given the lack of interest and the background of the group.
All told, the concentrated fund will look to invest in five to eight managers, and share in their revenue. Rizakos said the fund hopes to deploy the rest of its capital over the next 12 months, approximately.
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…