Tue, May 24, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge fund manager Roy Niederhoffer promotes New York City Opera in European tour this and next week

Monday, June 22, 2015

amb
Roy Niederhoffer
Benedicte Gravrand, Opalesque Geneva:

The New York City Opera, which is being re-launched at a new venue following bankruptcy, was famously dubbed "The People's Opera" by Mayor Fiorello LaGuardia at its founding in 1943. While it is awaiting final approval from the bankruptcy court to operate as "New York City Opera," it is promoting a real kind of people’s opera with the financial backing of a famous hedge fund manager.

The New York City Opera is the New York world grand opera but on a more intimate scale, says Roy Niederhoffer, who helped rescue the opera and is now acting as the Chairman of NYCO Renaissance. Niederhoffer is an American hedge fund manager and philanthropist, who founded R. G. Niederhoffer Capital Management, Inc., in 1993.

The board agreed in December to sell the New York City Opera name and assets to NYCO Renaissance Ltd., a nonprofit group chaired by Niederhoffer, reported WSJ.com. Niederhoffer applied for court approval in January.

"We’re going to be able to offer a Tosca where you can actually see Tosca," he says on NYCO Renaissance’s website. "I feel that this is probably the greatest opportunity I will have to make a difference philanthropically for the cit......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Long/short equity hedge fund with bear market experience has a winning quarter[more]

    B. G., Opalesque Geneva: Experience during a Russian bear market lasting five years enabled Christian Putz to identify certain investment patterns in the market which he now applies to his current investment strategy. London-based ARR Inv

  2. Opalesque Exclusive: Global equity manager focuses on symbiotic value chains[more]

    B. G., Opalesque Geneva: A global equity manager has made a point of focusing on the phenomenon of shrinking supply chains and avoiding zero-sum business models. London-based Tollymore Investment Partners is a private partnersh

  3. Satori Capital intros energy transition fund, a long/short equity strategy[more]

    Laxman Pai, Opalesque Asia: Dallas-based alternatives manager founded on the principles of conscious capitalism, Satori Capital has launched Satori Environmental, a long/short equity strategy that primarily invests in securities impacted by the global energy sector's shift from fossil-based s

  4. The Big Picture: With the war, E, S, and G have collectively moved back to the fore[more]

    B. G., Opalesque Geneva: In this interview, Dr. Patrick Welton, founder and CIO of Welton Investment Partners, offers his observations on the major macro themes expected to affect the comm

  5. Other Voices: The selloff is overdone[more]

    Authored by Heeten Doshi, founder of Doshi Capital Management. Anyone who is still bearish and calling for more downside is foolish. The selloff is overdone. To point to further declines from here is poor risk management. With the Nasdaq 100 down 22% and S&P 500 down 13% for the year