Sunday, 26 April 2015
Last updated 2 days ago
Jul 25 2008 | 10:48am ET
Luxembourg-based KMG Sicav SIF has launched a platform for hedge fund managers to create their own Sicav SIF funds.
KMG’s CEO Kevin Mudd said managers as well as advisors, family offices and high net-worth individuals the platform to form their own Luxembourg-regulated Sicav SIF funds, which can accommodate all asset classes including hedge funds, private equity and real estate, and do not carry any restrictions on leverage.
“Launching a Sicav SIF fund gives financial advisors and affluent investors control over their assets,” said Mudd. “For businessmen and entrepreneurs, establishing a fund can be a highly time- and cost-effective strategy for raising capital.”
The KMG Sicav SIF platform also promises fund managers cost-effectiveness through economies of scale, providing all back office support, administration and other services.
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…