Monday, 4 May 2015
Last updated 2 days ago
Dec 4 2009 | 10:20am ET
Hedge fund giant SAC Capital Advisors has opened an office in Singapore, its second in Asia.
The Stamford, Conn.-based firm, which manages about $13 billion, will have two portfolio managers based in the city-state, Reuters reports. The firm already has an office in Hong Kong, as well as offices in New York, Boston, Chicago and London.
Asia is poised to be a major center for hedge fund growth, following the retrenchment or withdrawal of many western hedge funds during the financial crisis. Hedge funds in the region have performed well above-average this year, and a series of new funds focused on the region have debuted.
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…