Tuesday, 5 May 2015
Last updated 9 hours ago
Dec 6 2006 | 12:42pm ET
Minneapolis-based hedge fund Deephaven Capital Management may be on the verge of signing a new agreement with its owners that could net its management additional millions in compensation.
Jersey City, N.J.-based trading firm Knight Capital Group bought Deephaven three years ago, and the $4 billion hedge fund contributes nearly one-quarter of Knight’s overall revenue. Now, the New York Daily News reports, Deephaven chief Colin Smith and his deputies are set to sign new, multi-million dollar contracts with Knight, keeping them at Deephaven, and setting aside rumors that Deephaven brass may have been seeking a separation or independence from Knight.
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…