Thursday, 26 March 2015
Last updated 2 min ago
Jan 5 2009 | 11:07am ET
Paolo Pellegrini, who helped Paulson & Co earn about $15 billion in 2007 betting against subprime mortgages, resigned from the firm last week.
Pellegrini, who along with John Paulson was the co-portfolio manager of the two Paulson Credit Opportunities funds, is expected to start his own hedge fund, the Wall Street Journal reports.
The departure was amicable, according to the Journal, which cited people familiar with the departure.
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…