Saturday, 18 April 2015
Last updated 2 hours ago
Jul 30 2008 | 1:00pm ET
Zurich-based Swiss Capital Alternative Investments has launched a new multi-strategy fund of hedge funds to invest in the troubled global real estate market.
The SC Alternative Real Estate Fund has exposure to long/short, relative value, distressed and asset-based lending managers in the real estate space including office, residential, leisure, retail, infrastructure, industrial, logistics and development or new site land.
According to the firm, the fund was developed over the past year, with the design of the final product having received significant input from seed investors. Swiss Capital says the fund benefited from 2007 proving to be a classic “test” year for property markets, especially in terms of obtaining a better understanding of property hedge fund managers and identifying the skills they possess.
Swiss Capital was founded in 1998 and is the alternative asset arm of Swiss Capital Group.
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…