Wednesday, 6 May 2015
Last updated 1 hour ago
Dec 22 2008 | 6:32am ET
London-based CF Partners is currently prepping a carbon hedge fund to launch early next year with a €50 million (US$72 million).
The CF Carbon Fund employs a relative value and arbitrage-based approach to trading carbon, according to the firm’s Web site. It seeks to capitalize on pricing inefficiencies and dislocations in the carbon markets.
“To date in the carbon space the majority of the players from a fund point of view have been long-only guys," said Simon Glossop, one of CF's founders, in an interview. "That's been a workable model up to this year, but carbon has now become an asset class in its own right instead of a compliance tool.”
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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…