Thursday, 2 April 2015
Last updated 11 hours ago
Oct 26 2006 | 7:45am ET
In an effort to boost its hedge fund servicing business, RBC Capital Markets has agreed to acquire New York-based Carlin Financial Group for an undisclosed sum.
Carlin – headed by RBC vet Jeremy Frommer – provides trading and execution services, as well as proprietary algorithms, to emerging hedge funds. Its trading platform currently trades about 35 million shares per day.
“Emerging hedge fund managers, professional traders and other clients of the CFG business will continue to receive the same high quality of service they’ve come to rely on, and will now also have access to the full range of capital markets products and services we offer in the U.S.,” RBC head of global equity sales and trading Greg Mills said.
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…