Monday, 30 March 2015
Last updated 2 days ago
Nov 20 2006 | 12:24pm ET
Beset by speculation that it is the hedge fund rumored Friday to be in dire straits, Citadel Investments says it is in no danger of blowing up.
A Citadel spokesman, Bryan Locke, denied Friday that the firm was in any trouble resulting from bad energy trades, as the rumors went. The firm reiterated its denial this morning.
“We are aware of the rumors,” Locke said. “They are completely unfounded.”
Reuters reports that people familiar with the Chicago firm’s two multistrategy funds say they are up about 20% this year.
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…