Monday, 30 March 2015
Last updated 2 days ago
Sep 11 2008 | 8:34am ET
SAC Capital Advisors’ recent hiring spree is continuing, as the Stamford, Conn., hedge fund giant has snatched at top Karsch Capital Management executive.
Aaron Cowen will join SAC from the global equities hedge fund later this year. He will work directly with SAC founder Steven Cohen to pick stocks and manage a team of analysts.
The $16 billion firm has hired 25 new teams to manage stocks since November, opening a Boston office to accommodate some of them.
Separately, Bloomberg News reports that the firm is reopening its flagship fund to new investors for the first time in three years. SAC Capital International is up about 1% year-to-date.
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…