How the Christie family is using a hedge fund to buy family’s $1.3 billion investment


Gabbelli Funds, a hedge funds firm that invests in hedge funds, has become a key asset class for the Christie’s family’s business empire, according to new filings with the Securities and Exchange Commission.Gabbellis assets have risen by an average of nearly $600 million annually since 2010, according the filings with regulators.In its latest annual filing […]

$3M to be used for rehabilitating Chesed fund that had gone to fund fund of drug rehab


This month, the Chesed Fund was a beneficiary of the $1.8 billion in donations it received in 2016.The fund, which is managed by the Chesese Family Foundation, was originally intended to support people struggling with addiction and other health conditions.But, in 2017, it became the beneficiary of a $3.8 million donation from the family of […]

How to manage the retirement fund for your business


An investment company in Georgia has filed for bankruptcy protection after an audit of its pension plan found that the money it is owed from its investments in health care and other non-for-profit entities has not been paid in years.The Georgia Retirement Fund and other funds have been struggling for years, as the state’s finances […]

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