Sunday, 29 March 2015
Last updated 1 day ago
Jul 25 2008 | 12:01pm ET
Dawnay Day Milroy has a new name and a new brand thanks to a management buyout of the multi-strategy hedge fund shop.
The Channel Islands-based firm, which has US$1.2 billion in assets under management, will now operate as Corazon Capital Management. The firm was founded in 1997 by Robert Milroy and was half owned by management and half by private shareholders and investors in the Channel Islands. The buyout of the remaining shareholders is being led by joint-managing directors Robert Milroy and Paul Meader.
“Our ability to execute a management buyout at this time when markets have been in such turmoil is testament to the stability created by an absolute return approach to investing,” said Milroy.
Meader added that the firm will continue to focus on its long-term expansion plans, such as a new Geneva office opening and a series of product launches.
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…