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Sunday, September 23, 2007

09/23/07 - Republican Town Committee Phone Survey Causes Some Controversy In Greenwich


HEADLINE:




STORY:


While Democrats enjoy reciting poll numbers, especially when they reflect poorly on Republicans, Frank Farricker thinks that actually engaging in polling is something less than appropriate.
Greenwich's Republican Town Committee this week reached out to voters to get a sense of the priorities of the people of the Town. I was the recipient of one of the calls. It was simple and straight forward. The caller identified himself as being with the RTC, asked me what issue was most important to me and then asked if the election was held today, who would I vote for. All told, it took no more than 30 seconds. ...
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Publication Date: September 23, 2007

Reporter: Greenwich Guy

09/23/07 - New Lebanon and Hamilton Avenue Schools Have Too Many Minority Students, And Old Greenwichs Will Soon Have Too Many White Students


HEADLINE:




QUOTE Of THE DAY:


"All kids should be educated equally regardless of what they look like and where they came from." - Natalie Queen.


STORY:


As Greenwich considers adding magnet programs they hope will scatter children of different races across the district, some white parents have spoken out against underperforming, non-English speaking students coming to their child's school and taking attention away from their child.


They also have questioned school officials about why students at schools with many underachieving, minority students would get more money for a magnet program compared to their child's school.


Supporters of the Board of Education's task force, which is examining racial imbalance, say that the comments of those parents are actually bigoted remarks veiled in the language of requests to preserve a neighborhood school system the state says is racially segregated.


Natalie Queen, who is set to become the first black woman to be elected to the Board of Education, said that when people oppose opening up their neighborhood schools to other parts of town, it's akin to "structural racism"......


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Publication Date: September 23, 2007


Reporter: Andrew Shaw


09/23/07 - Greenwich Resident Sells Painting To The Getty


HEADLINE:




STORY:


What's new at the J. Paul Getty Museum? A batch of artworks acquired by curatorial sleuthing, big-budget shopping and adroit deal-making -- in one case involving the restitution of Nazi loot.


The additions, to be announced today, encompass a French classical landscape painting by 17th century master Claude Lorrain, a rare double-sided drawing of a Tahitian "Eve" by Postimpressionist Paul Gauguin, a trove of 834 photographs by pioneer photojournalist Felice Beato and a large photo collage of an octopus by Los Angeles artist Tim Hawkinson. Although none of the works is currently on view, they will go up at the museum in the next few months.


The landscape, "Coast View With the Abduction of Europa," is a signature painting by a French artist -- widely known as Claude -- whose artistic prowess and fascination with the Roman countryside have been widely emulated. With its dazzling atmospheric effects, exquisite detail and solid compositional structure, his work is thought to epitomize the "ideal" landscape, a representation of natural beauty that seems to surpass the real thing.......



...The heir, Marei von Saher of Greenwich, Conn., eventually received 202 paintings, including the Claude. She consigned many of the works to auction at Christie's. The Getty purchased the Claude -- which had been displayed at the Boijmans van Beuningen Museum in Rotterdam -- for an undisclosed sum in a private transaction brokered by the auction house. ...


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Source: LA Times


Publication Date: September 23, 2007


Reporter: Suzanne Muchnic suzanne.muchnic@latimes.com


09/23/07 - Most Greenwich And New York Hedge fund Guys Believe That Anything West Of The Hudson River Is The Wildernes


HEADLINE:




STORY:


When Citadel Investment Group expanded into the energy business in 2002, Chief Executive Kenneth Griffin was part of a team that interviewed hundreds of potential employees and hired only a dozen.


Was there anything they did or say to win him over?


'You want individuals who have demonstrated they're disciplined, passionate, committed and ambitious, whether they start a business in their college dorm room or they organized something in the community,' Griffin said in a March 2006 interview.


But certain Citadel job candidates these days might need something else on their resume: experience helping to run a publicly traded company.


Last week, the privately held Chicago-based hedge fund hired John Andrews, the head of investor relations for publicly traded Goldman Sachs, signaling that it might join the small but growing ranks of hedge funds and private-equity firms doing initial public offerings.....


......ESL Investments, Edward Lampert's hedge fund, for example, is headquartered in a low-rise building in Greenwich, Conn., and operates with a bare-bones staff of a few dozen..... offer new hires, ...


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Publication Date: September 23, 2007


Reporter: Becky Yerak byerak@tribune.com and Susan Chandler schandler@tribune.com




09/24/07 - Business - Renaissance Capital & IPO's


IPO TAROT

Partners toast their success against a field of royal purple. Princes today - but for how long? Charts and tickers sound the cheers of the marketplace and the enthusiasm of investment bankers. Success, hard work, diligence, industry. Reversed: instability, unproven worth, irrational exuberance.

HEADLINE:


STORY:

Following is a list of initial public offerings planned for the coming week. Sources include Renaissance Capital of Greenwich, Conn.

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Source: Buffalo News

Publication: September 23, 2007

Source URL: http://www.buffalonews.com/businesstoday/businessfinance/story/168867.html

09/23/07 - Crash Kills Fairfield University Student On Merritt Parkway In Greenwich.


HEADLINE:




STORY:


Fairfield University on Saturday mourned the death of a 19-year-old nursing student who died in a single-car accident on the Merritt Parkway in Greenwich.


Kristen M. Duhamel, a sophomore in the School of Nursing, died at Stamford Hospital. She was a passenger in a 1986 Ford Bronco that crashed on the parkway's northbound side near exit 31 about 1 a.m., according to State Police and Fairfield University.....

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Source: MSNBC & The Connecticut Post


Publication Date: September 23, 2007


Reporter: edit@ctpost.com (ANDREW BROPHY Staff writer)


09/23/07 - Players Sought For Gentle Sport Of Lawn Bowling


King Henry VIII once banned lawn bowling for all but the wealthiest. The reason he gave: people were spending so much time at it that they were neglecting their jobs.


HEADLINE:






STORY:


It took only one game for Jack Miller to become enchanted with the ancient sport of lawn bowling.


That was seven years ago, when, Miller said, he was dragged to the lushly manicured lawn tucked into a corner of Elizabeth Park to try the game."A friend hounded me and hounded me to come try it.


I was dragged there, literally," Miller said Saturday before demonstrating the game to a new player. "I only went to get him off my back. After that first game, I hated to leave. It's a challenging game."


... if I like it." There are three other lawn bowling clubs in Connecticut: one each in West Hartford, Bridgeport and Greenwich. Bob Lunden, a member of the West Hartford club, which has about 55 members, said it is also in search of new members. ...
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Source: WTIC-TV Hartford (Fox 61)


Publication Date: September 23, 2007


Reporter: ROBIN STANSBURY




Other Options:




09/23/07 - The Distances Are Long, But These Are Young Athletes Capable Of Meeting The Challenge Of A Triathlio That Will Cross Into Greenwich


Chandler Grinnell, 15, of Larchmont, left, Brendan McGlynn, 14, of Sleepy Hollow and Kian Gormley, 15, of Rye won't be standing still at Rye Town Park for long today as they follow their parents' example by competing in the Westchester Triathlon.


HEADLINE:




STORY:


RYE - Usually endurance sports are reserved for grown-ups, the serious and disciplined kind. The under-18 set is busy with soccer practices and swim teams. The solitary distances of a marathon or a 25-mile bike ride - and the grueling training - are difficult to embrace.
But there are, of course, exceptions.


Today, three high school sophomores will be competing in the 2007 Westchester Triathlon. And don't think for a second that they're your average teens.


Brendan McGlynn, Kian Gormley and Chandler Grinnell play the usual array of team sports. But with fathers and mothers who are marathoners and even Ironman triathletes, they all have seen the appeal of endurance sports up close.....


... of a nearly 1.5-kilometer swim in Long Island Sound, a 40K bike ride through Rye, Port Chester, Harrison and Greenwich and a 10K run. The three combined into an Olympic distance race requires disciplined training. 'Any one of these events by itself ...


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Source: Journal News


Publication Date: September 23, 2007


Reporter: Jane McManus at jmcmanus@lohud.com.





ALSO:


On the Web


http://www.usatriathlon.org/ - The sanctioning body for triathlons in the United States.


http://www.westchestertriathlon.org/ - Visit here for more information on the Westchester Triathlon, including parking and spectator tips.


http://www.friendsofclaire.org/ - One of the beneficiaries of the Westchester Triathlon is this charity, which was created when Claire Collier was diagnosed with ALS, or Lou Gehrig's disease.

Friday, September 14, 2007

01/30/07 - Archive - News Wire


Source: Hartford Courant

... estate broker complained that there aren't enough $20 million properties in New York City to go around, while a Greenwich, Conn., car dealer has complained that Ferrari hasn't manufactured enough $250,000 599 GTB Fioranos to meet demand. Is that ...


David Friedman Joins Starwood Capital's Asset Management Team
Source: Hotelnewsresource.com

... as well as pursue new investment opportunities. Mr. Friedman will be based out of the company's headquarters in Greenwich, Connecticut and report to Jeffrey Dishner, Senior Managing Director and Chief Operating Officer. "David's wide-ranging ...


The Golfing Turnesas

Source: Waggle Room

... Panama Championship, after the third round this past weekend, and wound up finishing tied for fifth. Marc, born in Greenwich, Conn., turned pro in 2001. He's been playing the mini-tour circuit the past couple years, winning on the Minor League Golf ...


Investors take over Sage Telecom

Source: Telephony

... with CXO LLC, a Dallas-based management and advisory services firm, to oversee operations during the transition. Greenwich, Conn-based Silver Point is a global private investment firm with approximately $7 billion under management. It provides ...


Nat Webb: A retrospective clip show of hilarity

Source: The Wesleyan Argus

... boys from New England, for whom it is an occasion to remember the American Indian tribes who died to make way for Greenwich, Connecticut. Biology: Learn to say things like "engorged" instead of "hard-on." PHED240 The Negro Leagues... in Space! I ...


First Reserve Corporation Promotes Five Key Professionals

Source: PR Newswire

GREENWICH, Conn., HOUSTON and LONDON /PRNewswire/ -- First Reserve Corporation, the largest energy-focused private equity firm, today announced six promotions, effective January 1, 2007, highlighting ...
Source: PR Newswire

GREENWICH, Conn., Jan. 30 /PRNewswire-FirstCall/ -- Megadata Corporation announced today that for fiscal year 2006 the company achieved a net profit of $103,000. Net profit in FY 2006 was $103,000 or $.03/share ...


Father and son play with food for mural

Source: Burlington Times News

... the different food regions of the country," Pete C. Bieling said. The mural will be displayed in a restaurant in Greenwich, Conn. The restaurant owners wanted to replace an America flag draped on one wall with a patriotic mural. The Bielings said ...


Another loan for Kara approved by judge
Source: Asbury Park Press Online

... million in assets. The loan approved Monday comes from Plainfield Special Situations Master Fund Ltd., a Greenwich, Conn.-based hedge fund. Kaplan two weeks ago allowed Plainfield to loan Kara $2.6 million. All told, Kara will receive $5 ...


Foreign growth in cards for Cosi

Source: Chicago Tribune

... Analysts are looking for the company to break even on a per-share basis. With stores in affluent towns such as Greenwich, Conn., and Redmond, Wash., Cosi targets areas where household incomes outpace the national average of $44,334. 'We look ...


Consider replacing traffic officers

Source: Norwalk Advocate

Greenwich is accustomed to having uniformed police officers direct traffic along Greenwich Avenue, and the system has served the town well overall for many years.


Top Five Hedge Fund Trends For 2007

Source: Forbes

... the mix, in 2006 the Connecticut Department of Banking created a unit to oversee hedge funds based in the state. (Greenwich, Conn., is home to several hedge funds.) That state has been pushing for more rules governing the growing industry in the ...


Kara Homes has reprieve

Source: Home News Tribune

... focus of a Feb. 5 hearing. The loan approved Monday comes from Plainfield Special Situations Master Fund Ltd., a Greenwich, Conn.-based hedge fund. Kaplan two weeks ago allowed Plainfield to loan Kara $2.6 million. All told, Kara will receive $5 ...

01/29/07 Archive - News Wire


Source: EquestiranMag

... 18 through 35 division wrapped up with Laura Sexton and Renaissance earning the championship spot. A native of Greenwich, CT, Sexton stays for the entire circuit and said she will look to compete Renaissance again next month. The pair, over two ...


Merrill to buy First Republic

Source: InvestmentNews

... bank operates 43 branches; most are in California but First Republic also has locations in New York, Boston and Greenwich, Conn. "The price being paid is quite high," wrote Punk Ziegel & Co. analyst Dick Bove in a note to clients. He questioned ...


Merrill Jumps Into Private Banking

Source: Forbes.com

... caters to wealthy individuals in fast-growing communities like Las Vegas and Santa Barbara, Calif., as well as Greenwich, Conn., and New York City. It's also getting some $16.4 billion of assets under management, a curiosity considering Merrill just ...


Court allows four home buyers to get out of Kara contracts
Source: Asbury Park Press Online

... draw on a $2.4 million line of credit from Plainfield Special Situations Master Fund Ltd., a hedge fund based in Greenwich, Conn., in order to keep operating. Kaplan previously allowed the fund to take over a $2.6 million loan Kara originally ...


Kara Homes gets OK for $2.4 million loan
Source: Asbury Park Press Online

... and their millions of dollars in deposits, in limbo. Plainfield Asset Management, a hedge-fund operator based in Greenwich, Conn., had already taken over a $2.6 million loan to Kara initially issued by investment bank Bear Stearns. Earlier today, ...

Source: Record-Journal

... In 2005, the last year for which statistics were available, 264 estates were taxed, including 73 in Southbury. Greenwich, with a per-capita income more than double that of Southbury's, was second, with 38 estates taxed. That has prompted Rep. Arthur ...

Sunday, September 9, 2007

01/20/07 -Archive - News Wire


Source: Philadelphia Daily News

... His arrest was cause for celebration at police departments from the Main Line to Los Angeles and from Greenwich, Conn., to Miami. Belgian authorities are keeping Golder in jail while they investigate him on unspecified charges. ...


Investors ride hopes tech is the new oil

Source: Globe and Mail

... if markets have been rising as they have been." Timothy Ghriskey, president of Solaris Asset Management LLC in Greenwich, Conn., points out that the overall market, including technology, has had quite a run. But he thinks there is more to come with ...


GHS must meet responsibilities to music students

Source: Norwalk Advocate

... music, like great art and literature, is an extraordinary gift and an essential element of a fully lived life. Greenwich is fortunate to have an outstanding, strong and vibrant program in music education for all elementary and secondary school ...


Later school start times justified

Source: Stamford Advocate

... that would give incentives to middle and high schools in Connecticut that delay their start time for adolescents (Greenwich Time, Jan. 19). It did not say why this would be a beneficial change. Many parents who are interested in the topic would ...


Backers take another shot at zone-pricing ban

Source: Norwalk Advocate

... owners based on location. Banning the practice could bring gas prices down at stations in Norwalk, Stamford and Greenwich, where prices are routinely 10 to 20 cents a gallon more than the rest of the state, said state Sen. Bob Duff, D-Norwalk. ...


Fuse lit on Point fireworks display

Source: Greenwich Time

Neighborhood opposition is already mounting to Greenwich Point Park being used to host Independence Day fireworks again this year.


N.J. OKs pension changes

Source: Daily Record

... which are designed to make money whether financial markets fall or rise, can place leveraged bets to boost gains. Greenwich, Conn.-based Airlie manages $2.5 billion, according to Clark's memo. Established in February 2003, the Opportunity Fund was ...

01/19/07 - Archive - News Wire


Source: Pittsburgh Tribune-Review

... might be used for, Kukovich said. Milne, who manages the private equity firm of Unified Growth Partners L.P. of Greenwich, Conn., could not be reached for comment. As Milne explores the state funding option, union workers are reviewing a tentative ...

Source: Providence Journal

An East Greenwich High School assistant principal charged with domestic assault last month for slapping his girlfriend outside a convenience store in Johnston said he will undergo six weeks of alcohol ...


The Bruce Museum presents Painterly Controversy... Battle between two ...

Source: Westport Minuteman

... relationship at the beginning of the 20th century is the subject of the new exhibition at the Bruce Museum in Greenwich titled: "Painterly Controversy: William Merritt Chase and Robert Henri" which opens Jan. 27 and runs through April 29. Their ...

01/18/07 - Archive - News Wire

People

Source: New York Times

... been a partner, chief operating officer and director of strategic investments for Oracle Investment Management in Greenwich, Conn. Abe Riazati has been named managing director of investment risk management for Evergreen Investments, Wachovia 's ...


Wealthy investors cut exposure to hedge funds

Source: Financial Times

... investors. However, Amaranth's rival multi-strategy hedge funds appeared to be unhurt by the problems of the Greenwich, Connecticut-based fund. Ken Heinz, president of HFR, said its relative value arbitrage sector, which includes multi-strats, was ...


Barrels Of Confusion

Source: BusinessWeek

... Report , an energy newsletter. Energy trading rapidly moved from Houston to the financial centers of Manhattan and Greenwich, Conn. For nonfinancial firms, meanwhile, living with oil price volatility means either buying the protections that the ...

A Report Brings Back Memories of Living in the Dark

Source: New York Times

... reports from Con Ed saying 8,000 people were affected," said Renee Clark, 32, who lives in Astoria and works in Greenwich, Conn. "From the very start it was obvious to us that it was a gross underestimation." Ms. Clark, standing near the ...

01/16/07 - Archive - News

Long Island Platform Tennis Association

Source: Garden City News

... De Santis (Garden City, NY) and Timothy Feyrer (Garden City, NY) 12 & Under Division Champions:Tyler Kratky (Greenwich, CT) and C.J. Purse (Greenwich, CT) Finalists:Willie Brosnan (Garden City, NY) and Danny Sparacino (Garden City, NY) 18 & U- L-R, ...

01/11/07 - Archive - News Wire


Source: Stamford Advocate

A Stamford attorney entered a top bid of almost $5 million in a court-ordered sale yesterday for an unfinished Greenwich mansion that was being built by slain real estate developer Andrew Kissel.


Newspapers free to print what they and readers want

Source: Stamford Advocate

... inappropriate unless, of course, we've become a totally fascist nation and the First Amendment is no longer valid (Greenwich Time Letters from Readers, Dec. 31), in which case, I would stand corrected. Were the actual government to publish photos ...


Clubs

Source: Norwalk Advocate

... Long Ridge Tavern, 2635 Long Ridge Road (329-7818): The Cutouts, Friday; Blue Sue and The Moondogs, Saturday. GREENWICH Beach House Cafe, 220 Sound Beach Ave. (637-0367): The Laphones, Thursday, The Uninvited, Friday; Otis and the ...


Graham Parker gives free concert in Greenwich

Source: Stamford Advocate

... his Web site and recording studio discs through traditional labels. On Sunday afternoon, he'll perform solo at Greenwich Library's Cole Auditorium. Via e-mail, he talks about his bar-band roots, the current condition of popular music and why ...


Hedge Funds In Bidding For Ameriquest

Source: New York Post

... Ameriquest's bankers have approached several buyers recently, including Ellington Capital Management, a large Old Greenwich, Conn.-based hedge fund, to gauge interest in bidding on the sub-prime lending giant. News of the possible sale was first ...


Overweight? It May Be Just Body Chemistry

Source: Medical News Today

... ight gain. (4) Lack of satiety sends signals to the brain to eat more. Belvoir Media Group, LLC. 75 Holly Hill Ln. Greenwich, CT 06836 United States http://www.belvoir.com


Want To Improve Memory? Strengthen Your Synapses. Here's How

Source: Medical News Today

... ate sleep, avoid smoking, and if you use alcohol, drink in moderation. Belvoir Media Group, LLC. 75 Holly Hill Ln. Greenwich, CT 06836 United States http://www.belvoir.com


Kara seeks $5M loan from fund

Source: Asbury Park Press Online

... that are close to completion. The loan from Plainfield Special Situations Master Fund Ltd., a hedge fund based in Greenwich, Conn., will be the subject of a hearing before U.S. Bankruptcy Court Judge Michael B. Kaplan on Tuesday. East ...

01/10/07 - Archive - News Wire


Source: Pittsburghlive.com

Richard R. Pivirotto, of Greenwich, Conn., formerly of Shadyside, ex-president of the Joseph Horne Co.

Source: Pittsburgh Post-Gazette

... Iron City and IC Light brands. Discussions between the union and Unified Growth Partners began Dec. 21, when the Greenwich, Conn., private equity firm said it was interested in reorganizing the brewery. Unified Growth and union negotiators have ...


Titan matmen pin down Avengers

Source: Kent County Daily Times

... before the Titans could partake in any of weekend action, they first had to deal with a tricky dual meet with East Greenwich last night at East Greenwich High. The Avengers, after suffering a close loss to another II-A team, Middletown, were clearly ...


Studio, program pair up

Source: North East Independent

... even the highways were beautiful, and she fit in well with the people she met. Within a year, however, the East Greenwich native was lonely for the East Coast, and soon found herself settling back in her hometown. Her return precipitated what may ...


SMART Papers Re-emerges Under New Ownership

Source: Distribution Sales & Management

SMART Papers said that Plainfield Asset Management of Greenwich, CT is its new owner, and is expanding production on all three papermaking machines at its Hamilton, OH mill.


Trade Balance Problem Not About To Disappear

Source: Jim Sinclair's MineSet

... ``There's no reason exports won't continue to be solid,'' said Stephen Stanley, chief economist at RBS Greenwich Capital in Greenwich, Connecticut. ``World growth seems to be in good shape.'' Economists expected the trade deficit to widen to $60 ...


State Legislature Has Plenty To Do

Source: Westport News

... commutation ticket to Grand Central Terminal from our towns and cities, purchased online, ranges from $232 from Greenwich to more than $300 from Fairfield. Those coming from the New Canaan branch will spend $259. These prices already are regressive ...


Kara Homes seeks $5 million loan to stay afloat

Source: Asbury Park Press Online

Bankrupt builder Kara Homes Inc. wants to borrow $5 million from a Greenwich, Conn., hedge fund to continue to fund the beleaguered company's operations.


Get to Work

Source: The Citizen-News

... commutation ticket to Grand Central Terminal from our towns and cities, purchased online, ranges from $232 from Greenwich to more than $300 from Fairfield. Those coming from the New Canaan branch will spend $259. These prices already are regressive ...

Source: Publicbroadcasting.net

... been moving down in price and some emerging-markets are also getting hit," said Michael Darda, MKM Partners LLC, Greenwich, Connecticut. "If you go back to May when we saw a big correction, commodities and emerging markets corrected and we saw ...


Health Dept.doles out flu shots in mild season

Source: Norwalk Advocate

... flu in Fairfield County residents since the flu season began in October, more than half of the statewide total. Greenwich has been the exception to the trend, with just six confirmed cases at Greenwich Hospital, according to spokesman George ...


Symbol-Motorola $3.9B deal done

Source: Newsday.com

... said Kevin Starke, an analyst covering Symbol Technologies Inc. for Weeden & Co., a broker-dealer based in Greenwich, Conn. Motorola plans to maintain Symbol as a subsidiary, keeping the Holtsville headquarters. Iannuzzi said the Symbol name ...

01/09/07 - Archive - News Wire

Bobby Valentine Celebrity Wine & Food Experience @...

Source: WSTC-AM Norwalk

... Wine & Food Experience to benefit the Mickey Lione Jr. Fund Monday, January 15, 2007 at the Hyatt Regency Greenwich 1800 East Putnam Avenue, Greenwich, CT 6-9pm - $150 per person (Ticket sales are limited to 750 - reserve now.) Bobby Valentine, ...


Quantum Energy Partners Closes $1.32 Billion Private Equity Fund

Source: Venture Capital Access Online

... Quantum's website at www.quantumep.com. For investor relations, please contact Michael P. Dalton at 713-225-4800. Greenwich, CT-based Champlain Advisors, LLC, a global fund placement and investor relations advisory firm, served as Quantum's ...


FrontPoint hires Monaco for Asian banks

Source: Financeasia.com

... The firm was acquired for an undisclosed price by Morgan Stanley in late 2006. FrontPoint is a platform based in Greenwich, Connecticut. In Hong Kong, its fund managers are executive director James Soutar along with Kenrick Leung, where they run the ...


The International Fine Art Fair in New York

Source: Art Daily

... Art, Inc. (New York); The Sladmore Gallery (London); Hollis Taggart Galleries (New York); Abby M. Taylor Fine Art (Greenwich, CT); Univers du Bronze (Paris); Tom Veilleux Gallery (Farmington, ME); Whitford Fine Art (London); Adam Williams Fine Art ...


Skies May Darken for Insurers

Source: CrossingWallStreet.com

... iod, you do behave in a more conservative fashion," says William Berkley, chief executive of W.R. Berkley Corp., a Greenwich, Conn., insurer.


Moving Ahead Cautiously to Protect Children Walking to School

Source: Market Wire

The town of Greenwich, Connecticut, as part of the Safe Routes to School program, is in the process of installing traffic calming devices near local schools to improve the safety of school ...


Quantum loads up $1.32B private equity fund

Source: Houston Business Journal

... as either platform companies to take public or as attractive acquisition candidates for larger energy companies. Greenwich, Conn.-based Champlain Advisors LLC, a global fund placement and investor relations advisory firm, served as Quantum's advisor ...


NovaVision Receives $20 Million Series C Financing

Source: Earth Times

... (St. Louis, Mo.). Also participating in the financing were existing investors Tullis-Dickerson & Co., Inc. (Greenwich, Conn.), Noro-Moseley Partners (Atlanta, Ga.) and Crossbow Ventures (West Palm Beach, Fla.). Through its proven therapy, NovaVision ...


Arts advocates wary about putting price on project

Source: Norwalk Advocate

... are about 300 students who participate in the theater arts program and another 600 in a band or music class at Greenwich High School. Though interest is high, parents and students said the auditorium and other facilities are substandard and in major ...


Smart Papers workers OK contract

Source: The Cincinnati Enquirer

... agreement expired in June. The new agreement takes effect immediately. A unit of Plainfield Asset Management, a Greenwich, Conn., hedge fund, acquired Smart, which operates the former Champion paper mill, in return for assuming about $40 million ...


Media & Marketing -- Advertising: BrightLine Carves Out New-Media Niche

Source: Media Info Center

... on behalf of a single client, a function Ms. Corbelli says she learned in her previous job. As president at a Greenwich, Conn., consultancy, she helped corporations coordinate internal departments such as sales and back-office operations. On Madison ...

01/08/07 - Archive - News Wire


Source: PRWeb

... Corporate Strategies Business Talk Radio Show, which may be heard on KSEV AM 700 in Houston, TX, WGCH AM 1490 in Greenwich, CT, WSBR AM 740 in Boca Raton, FL, WSMN AM 1590 in Nashua, NH, KHTY AM 970 in Bakersfield, CA, KVWM AM 1450 in Show Low, AZ, ...


Porricelli could lose RTM seat

Source: Norwalk Advocate

... town electors may serve on the 230 member body. Porricelli, who owns the Food Mart supermarkets in Cos Cob and Old Greenwich, serves as a delegate for the RTM District 12/Havemeyer district which covers the easternmost areas of town. 'He will no ...


Glenville native weaves modern thread into Afghan lives

Source: Norwalk Advocate

... Frumin said. 'There's no sense of fun; part of it is the poverty.' Frumin said that while growing up in Greenwich she wasn't aware of the poverty that existed outside her hometown. Now, after traveling in global relief efforts, she has seen some ...

Source: Norwalk Advocate

... was sold to another one ownership and there are so many elderly and handicapped residents,' said Nancy Brown, Greenwich's community development director who keeps tabs on housing issues in town and has been following the case. Greenwich-based ...


All in the Family

Source: Greenwich Citizen

... to do anything to help the team as he blocks on an extra point attempt in a game this season for the Cardinals. (GREENWICH CITIZEN photo / Avery Belicak) Jermaine Anthony didn t know what to expect from his senior year at Greenwich High School. How ...


Big Bonus? You Da Mansion

Source: New York Post

... be interested in netting this ultimate "ego trophy" - a 41,000-square-foot "couture-ready mansion" newly built in Greenwich, Conn., with the bonus boom in mind. The $25 million megamansion - billed as the largest in Greenwich and built on nine acres ...

01/06/07 - Archive - News Wire

Partial Freedom For Suspect In Swindle

Source: Hartford Courant

...... so that investigators could conduct more interviews with him. Postal inspectors and the FBI began looking into the Greenwich-based Daedalus fund in 2004, and charged Yalincak with wire fraud in June 2005. At the time, Yalincak was already in jail ......
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Source: Jobs.gamasutra.com

... and can definitely see where games could play a role. Shift Control Media is an exciting new company based in Greenwich, CT with a development studio in Vancouver, BC. We are veterans of the video game and consumer marketing industries who came ...

01/05/07 - Archive - Hedging Their Bets

Hedging Their Bets

Source: Wall Street & Technology RSS
By: Tim Clark

As competition forces hedge funds to move into more-complex instruments in search of higher returns, middle- and back-office functions also are becoming more complex and cumbersome. Combined with the pressure to comply with corporate actions regulations and Sarbanes-Oxley, the growing burden is leading a rising number of hedge funds and fund managers to outsource middle- and back-office functions, thus allowing investment managers to focus on what they do best: turn profits for clients.

"As hedge funds move more aggressively into OTC instruments, the infrastructure necessary to manage the entire life cycle of the investment process can be quite cost prohibitive," explains Sang Lee, analyst, Aite Group. "Fund administrators are in perfect position to alleviate this issue so that hedge funds can continue to focus on their investment strategy and leave the middle-office and back-office operational complexity to the fund administrators."

In light of the rising popularity of the OTC derivatives space, which currently retains some $360 trillion worth of outstanding contracts, according to analyst estimates, leading fund administrators, such as JPMorgan and Citigroup, are building out their fund administration services. "Removing the distraction of running a middle and back office can help investment managers trade more effectively, which can increase their revenue," says Peter Salvage, product head, hedge fund operations, JPMorgan Worldwide Securities Services. "A hedge fund manager doesn't necessarily have the people, processes and expertise in place to really put its systems and processes through the ringer every day like we do on our side."

"Fund administration is an area that has typically been viewed as a back-office space and is now getting more and more front-office oriented," says Chandresh Iyer, managing director, North American head of securities and fund services, Citigroup Corporate and Investment Banking. "The OTC derivatives space is causing a need for the back-office infrastructure to scale to growth and provide more-sophisticated capabilities for managing risk, reconciliation of complex securities and pricing of hard-to-value securities.".........

...... operations of Paloma Partners Management Co., part of a privately owned investment fund management group based in Greenwich, Conn., in February 2006. "This acquisition allows us to immediately offer our hedge fund clients a high-quality option -- ......

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