In 1989 and 1990, Berkshire Hathaway paid $290 million for its 10% stake in Wells Fargo. Today, the dividends from that investment alone add up to more than $700 million a year. The shares themselves, meanwhile, are worth more than $23 billion. Fascinating article from Motley Fool regarding Berkshire Hathaway’s bet on Wells Fargo which…
Read More >>“A fund may not yet have a record of success, but choosing a reputable team of employees and service providers can help ease investors’ worries.” (Bloomberg Professional) Stonegate Global conquers the hurdle emerging managers face when struggling to differentiate their fund from the competition. “Sophisticated investors willing to buy in to an untested fund are going to…
Read More >>Stonegate Global commends third party marketing firm, Agecroft Partners, for their pledge to donate 100% of Hedgeopolis New York 2015 profits to charitable organizations, aimed at benefiting children. Agecroft Partners also donated $100,000 in proceeds from Hedgeopolis 2014 to non-profit organizations. Click to learn more about Agecroft Chartiable Donation.
Read More >>If you actively manage real estate assets or have considered creating a real estate fund or a REIT, a survey from one of the big-4 accounting firms reinforces why the DFW Metroplex is a great market for implementing your strategy. “Respondents were positive on all property types in Dallas-Fort Worth as it pertains to investment…
Read More >>Stonegate Global Fund Services has announced the rollout of the firm’s newest comprehensive solution, Stonegate C-Suite. The Stonegate C-Suite services group provides an outsourced business solution for alternative investment managers which includes the customary duties and services that are typically performed by the investment management company’s internal CFO, COO and CCO. The solution’s value-added approach…
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