Friday, 27 March 2015
Last updated 1 hour ago
Feb 26 2009 | 11:15am ET
Two Citigroup fixed-income executives have set up their own hedge fund shop to focus on corproate credit and distressed assets.
Jeff Jacob and John Humphrey, who ran the global special situations group they established at Citi four years ago, have founded New York-based Archview Investment and this month launched the Archview Credit Opportunities Fund with some $200 million in assets, according to Hedge Fund Alert. The fund was reportedly seeded by Citi, and all of its current assets will remain with Citi.
About six or seven members of the pair’s 20-strong team at Citi will join the new venture, according to published reports, including Hussein Adatia, a former financial services analyst at Citi.
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…