Monday, 25 May 2015
Last updated 2 days ago
Jul 28 2008 | 10:26am ET
Toscafund has raised US$800 million from investors to increase its investments in the financial services sector.
The London hedge fund, which has been battered by its investments in financials this year, told investors of the new capital last week.
The terms of the new investment include a three-year lockup, bringing the firm’s locked-up capital to US$1.5 billion, according to the Financial Times.
Tosca chief Martin Hughes has argued that banks are undervalued and the doom and gloom surrounding the sector is overdone.
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…