Arena Investors, the New York-based money management company, has thrown a life-line to Mustang Resources for $19.95 million in funding. Arena is one of ruby miner Mustang’s main institutional investors. The firm, which manages over $750 million in assets, forged a deal with Mustang to issue a convertible note to provide the cash...
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In celebration of its 50th anniversary, New York Magazine is spending the majority of 2018 covering stories of the city’s pivotal moments. This week it explored a significant shift in Wall Street and the way financial firms operate due to a technological prodigy and the support he garnered from hedge fund mogul Donald Sussman....
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New York is an old city which is constantly growing and renewing itself. Unfortunately, for growth to happen, sometimes beautiful and historic buildings need to be demolished. The following buildings are on the chopping block. Here is a little bit about each one. Sunshine Cinema on the Lower East Side showed their last movie at the...
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There is a fascinating trend today to transform old, run-down spaces into vibrant lofts and work spaces. One of the ways that companies, like the United States Construction Corporation with Gregory L. Spatz, are doing so is to have storefront spaces on the bottom floor and then to have loft living on the second and higher floors....
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It’s always interesting to learn more about the people behind the hedge funds that many New Yorkers invest in. As the Chief Investment Officer and founder of Trend Capital Management LP, Ashwin Kumar Vasan brings an extensive background in finance to his current work. He has a B.A. in Economics from the University of Nebraska and...
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At New York-based Aksia, a financial services company where Jim Vos is CEO, employees are encouraged to keep learning and expanding their horizons. “In my past career, I saw the challenges created by fiefdoms and rivalries, but we never set out to establish a particular culture,” Jim Vos said. “We encourage...
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