Friday, 27 March 2015
Last updated 3 hours ago
Mar 30 2009 | 1:00am ET
The former compliance chief at Pacific Alternative Asset Management Co. is going into business for herself.
Patricia Watters has founded Catalina Partners, a risk management firm, aiming to capitalize on an increasingly important area for the hedge fund industry, HedgeFund.net. Watters is no stranger to the area, having spent the past seven years as chief operating officer and chief compliance officer at PAAMCo. She’s joined at the new venture by co-founder Mason Snyer, a former director with Deloitte & Touche’s regulatory and capital markets consultancy.
“Operational due diligence used to be a ‘nice to have,’” Snyder told HFN. “We submit it’s now a ‘have to have.’”
“We’re going to be in the sweet spot for institutional investors who want to have the assurance that they’re investing in the right business,” Watters added.
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…