Monday, 30 March 2015
Last updated 2 days ago
Sep 23 2008 | 2:46am ET
San Diego hedge fund shop Mentor Capital has announced a share repurchase plan designed to boost its stock price.
The firm, which manages $13.5 million, said it would buy back some 12.5% of its pink sheets, complaining that the market has “recently discounted MNTR to sometimes a fraction of cash and investments,” despite the fact that the firm “has no exposure to the current financial crisis and many be considered a small, healthy safe haven from the sub-prime problems that have decimated larger Wall Street firms.”
Mentor said it has “a strong cash position” and no debt.
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…