- Sentinel Investments and Citizens Advisers Reach Acquisition Agreement.
- Reich & Tang Asset Management, LLC and Sentinel Investments Complete Successful Reorganization of Sentinel Money Market Fund.
Mark Ridley-Thomas: Chairman of the Board
Center for Public Health, more than $5.7 billion of existing or planned investments in new libraries, community centers, parks, community gardens, medical and transportation infrastructure, as well as tens of thousands o lobs created thanks to his advocacy local worker hiring policies for major County transportation and construction projects. According to the Supervisor, the financial analysis...
Stark to Buy Deephaven Assets St. Francis Firm Will Take Over Minnesota Hedge Fund Business
Stark Investments will buy nearly all the assets of Knight Capital Group Inc.'s Deephaven Capital Management hedge fund business, the St. Francis hedge fund manager said Tuesday. Stark will pay a fee of $7.3 million when the sale closes, which could happen as soon as February, a spokeswoman said. Stark could pay as much as $37.3 million more for the assets of the Deephaven Global Multi-Strategy...
Brookfield Firm Steered Clients to Madoff Funds
A prominent Brookfield investment adviser steered clients to money managers who made investments in funds run by disgraced Wall Street investor Bernard Madoff, the Journal Sentinel has learned. The closely held local firm, Vogel Consulting, caters to some of Wisconsin's wealthiest families often boasting net worths in excess of $20 million.
Angel Financing Takes Shape in State Investment Providers, Cash Flows Increase for High-Potential Businesses in Their Infancy
One of Silicon Pastures' recent investments is in a Rochester, Minn., company that dunks computers in a soybean-derived liquid as part of a process to help them run faster without overheating. The company, Hardcore Computer Inc., is targeting gamers who want to respond to the dragon more quickly, rocket through space faster or have more horsepower to zip across race tracks.
Business in Wisconsin
Construction Towne Investments and Interstate Partners broke ground on an 83,641-square-foot industrial building in Business Park of Kenosha.
Wisconsin Ticker; 2 'Special Situations' Buck Negative Trend; February Was Very Cold for Most Stocks
February was a difficult month for investing in Wisconsin stocks. Of the 70 state companies followed by Bloomberg News to help the Journal Sentinel compile its monthly list of winning and losing investments, only 28 made money in February. And that was not the only indicator of difficult days on the Badger bourse.
Midwest Governors Bank On Green Jobs Pacts Push Training in Renewable Energy, Biofuels, Technology
By THOMAS CONTENT Midwest governors are betting that investments in clean energy technology can help replace more than 1 million manufacturing jobs lost this decade.
- Sentinel Benefits Hosts 5th Annual Educational Exchange; Keynote speakers include Marjorie Bauer from Fidelity Investments and Stephen Booma from Blue Cross Blue Shield.
First Monday; Investor Finds Some Joy in These Darker Times; Head of Stark Investments Is Used to Hedging; His Bets
Michael Roth is a managing director and co-founder of Stark Investments, a $14 billion hedge fund. He and partner Brian Stark began the fund on the East Coast in 1992 and moved the operation to their native Wisconsin the next year.
Jobs Are Still Out There, If You Look in the Right Places Some Sectors Unhurt During the Recession
Amid all the talk of recession, bailouts, layoffs and scorched investments, there is this: InPro Corp. in Muskego is hiring. So is Generac Power Systems in the Town of Genesee. And Yale Equipment & Services in Menomonee Falls.
Stark Investments Sets Up Shop Downtown; Cramped St. Francis Firm Branches Out
Stark Investments LP, a Milwaukee hedge fund operator, is expanding beyond its lakefront headquarters in St. Francis with a new location at downtown's 1000 North Water office tower. Stark Investments agreed to lease just over 15,000 square feet in the building at 1000 N. Water St., according to Anthony Palermo, the building owner.
State Hopes Tax Breaks Tempt 'Angels' to Make Investments
New program seeks to draw venture capital to start-ups
Stark Buys Stake in Bank; Investor Mum On Plans for Anchorbank Shares
Stark Investments has spent $44.7 million building up an 8.4% stake in the Madison parent company of AnchorBank over the past two months, a new regulatory document shows. Stark wasn't commenting on its recent interest in Anchor BanCorp Wisconsin Inc., and analysts said they couldn't guess the firm's intentions for its Anchor holdings.
The Wisconsin Ticker; Winners Then, Losers Now; State Manufacturing Stocks Rebounded After Recession Lows
To pick the winning investments among Wisconsin public companies, look at how manufacturing firms are doing and use it as a contrary indicator: When they are in trouble, buy. When they are doing well, sell. That is the lesson to be drawn from the first installment of the Journal Sentinel's new monthly feature, the Wisconsin Ticker, a study of the change in value of $1,000 invested in Wisconsin-bas...
Districts Were Misled, Lawyer Says; Schools That Invested in Collateralized Debt Obligations Are Discovering Risks
Wisconsin school districts that put millions of borrowed dollars into complex investments to help pay employee retirement benefits were misled about the risks of the undertaking, an attorney hired by the districts says. Robert Kantas said he did not know if his investigation of the deals would lead to a lawsuit or other legal action. He said his firm, which specializes in investment fraud, was...
State's Investments Shine
But with earlier losses, payments to pensioners not likely to increase
Venture Capital Investments in State Firms Drop to 8-Year Low
$44 million last year is 32% below 2002 total
Husco's Investments Pay Off with Contracts
Orders will generate over $500 million, 200 jobs worldwide, company says
Wisconsin Ticker; It's All About the Dividends; Changes Help Mgic, Koss
A change in dividend policy figures prominently for both of the two best investments among major Wisconsin public corporations last month. But the policies changed in opposite directions. MGIC Investment Corp. (MTG), the big Milwaukee-based mortgage insurer, announced a 90% dividend cut at the end of October only to see its shares power to the best return in the state in November.
Investment Questions Raised; State Opened Way for Riskier Deals
After a change to state law in 2006 opened the door for school districts to get more aggressive in investing to pay for retiree health care, the measure proved so popular that the Legislature gave similar power to other governments this year. But since the Journal Sentinel reported this month on five school districts that put millions of borrowed dollars in controversial investments, some are...
Firms Show Interest in Buying Cousins Center Property
Hedge fund operator Stark Investments and development firm General Capital Group have emerged as prospective buyers of the 44- acre Cousins Center property in St. Francis. Representatives from both firms met with members of the St. Francis Common Council in a closed session this week to discuss their interest in the property, 3501 S. Lake Drive. But a sale is not imminent, Mayor Al Richards said.
Hedge Fund Operator to Grow in St. Francis; Stark Investments to Add 2 Buildings for $35 Million
Hedge fund operator Stark Investments plans to expand its St. Francis corporate campus overlooking Lake Michigan with two office buildings, each with around 100,000 square feet, in a $35 million development. The two buildings would eventually bring 450 jobs to St. Francis, Mayor Al Richards said Thursday. He said the first building would include Stark employees to be moved from space that the...
Suit Over Investments Costs $765,000 so Far 5 School Districts Want $200 Million Returned
Five Wisconsin school districts suing to reverse investments they made in 2006 already have spent more than $765,000 on attorney fees, even though the case is barely under way, billing records show. The fees are being paid by the school districts -- Kimberly, Kenosha, Waukesha, West Allis-West Milwaukee and Whitefish Bay -- proportionate to the share of the $200 million investment they are...