Latest news with #Castlefield
BBC News
2 days ago
- Business
- BBC News
Homeless village under railway arches gets 'crucial' cash boost
Work to build homes for up to 40 homeless people under city centre railway arches has been given a "crucial" cash Greater Manchester Combined Authority (GMCA) has contributed £1.4m for the Embassy Homeless Village on the Bridgewater Canal, underneath the railway at support charity Embassy will be responsible for the operation of the £5m site, which will include a village hall, outdoor green spaces and mini had previously appealed for donations to help complete the project, after work began earlier this year. The total cost of building and operating the housing is about £5m, with GMCA funding coming alongside £3.6m from charitable foundations. Alongside that, about £2m has been provided in professional fees for free by businesses in Manchester. The GMCA is the umbrella organisation for the ten councils in the city-region and paid for its contribution to the project through a brownfield land fund. An Embassy spokesman said he aims "to help break the cycle of homelessness" by providing people a home, alongside skills training and support to give them the life skills to be independent. Sid Williams, the Co-Founder and Director of Embassy, said the project was "about creating a community, a sense of belonging and finally not being lonely".The charity is aiming to have 90% of residents leave the village in work and living in the private rental sector. Mayor of Greater Manchester Andy Burnham said: "This funding will be crucial in getting the project over the line and giving people the best support straight away."The first of the 40 new homes is set to be completed in November before a phased handover takes place and residents begin moving in January next site will have a village hall, complete with space to socialise and eat together, a laundry room, computers, plus a training kitchen to help residents learn to cook.
BBC News
12-07-2025
- General
- BBC News
Roman road discovered in Manchester city centre
A well-preserved Roman road is among the finds uncovered by archaeologists in a city artefacts have been found in Manchester just below street level on Liverpool Road, near excavating the site said it was one of the most significant Roman discoveries in the city in more than 20 Mottershead, an archaeologist with Civic who carried out the dig, told BBC Radio Manchester it was an "absolutely astonishing find", adding: "I haven't seen anything this significant in Castlefield for 20 years at least." "The Romans knew what they were doing when it came to engineering," said Mr Mottershead, explaining they found multiple levels and repairs of the road, which was basically made out of compacted said it was well preserved, with "no potholes in it".He said a range of Romano-British artefacts had been found, dating from the late 1st to the 3rd and possibly even the early 4th century AD, showing the length of time the vicus - which means civilian settlement - was in road would have been the main northern exit route from the former Roman fort nearby, a Civic spokesperson hearths and domestic artefacts including pottery and decorative glassware have also been discovered on the site. Ian Miller from the Greater Manchester Archaeological Advisory Service said: "It's certainly the best Roman archaeology I've seen in the city centre for 20 years and probably more than that."He said the Roman road was "really well-preserved", which was remarkable given it was only 400mm beneath the surface in a busy site is near to the Roman fort of Mamucium, which was established around 78 AD and much of which was excavated in the 1970s, Mr Miller is also close to Roman excavations further south of the site which uncovered parts of the Roman settlement in the 1970s and 1980s. Mr Miller said that "in some respects, the latest excavation was the missing piece of the jigsaw that will hopefully link to those two together".He said it should provide more information about what sort of buildings were in the area, just outside the Roman fort, and to re-examine the discoveries of the dig has taken place as part of a development on the site being carried out on behalf of Allied London. Mr Mottershead said the uncovered artefacts would eventually go on display in the city, after they had been analysed. Listen to the best of BBC Radio Manchester on Sounds and follow BBC Manchester on Facebook, X, and Instagram. You can also send story ideas via Whatsapp to 0808 100 2230.
Yahoo
13-05-2025
- Business
- Yahoo
Polar Asset Management buys hedge fund manager Castlefield Associates
Polar Asset Management Partners has purchased Castlefield Associates, a relative value systematic futures hedge fund manager, for an undisclosed sum. Castlefield Associates was established in 2019 by Chris Schindler and his partners. Schindler and his team have developed a quantitative and relative value approach over the last six years that is said to complement Polar's existing offerings. Polar anticipates further development of a new systematic strategy vertical following the integration of Castlefield's expertise. Polar president and CEO Greg Lemaich said: 'We are pleased to welcome Chris and the Castlefield team to Polar. 'We have closely followed Castlefield's development over the past six years and believe they have developed a unique systematic offering. We look forward to continuing to refine and grow the strategy.' Before founding Castlefield, Chris Schindler spent 18 years at the Ontario Teachers' Pension Plan, where he played a key role in establishing and managing the Global Systematic Investing team. This team employed more than 50 quantitative models to identify investment opportunities across various liquid futures markets, including equities, fixed income, currencies, commodities, as well as cash equities and volatility products. Schindler said: 'Polar is a leader and an innovator in alternative asset management. Polar's unique platform, approach to its business, and its track record of attracting and welcoming new talent, were key factors in our decision to join the firm.' Founded in 1991, Polar Asset Management Partners is a multi-strategy hedge fund manager based in Toronto. It focuses on niche strategies for a diverse investor base. As of 31 December 2024, Polar managed assets totalling $6.1bn across four primary funds, namely the Polar Multi-Strategy Fund, the Polar Long/Short Fund, the Polar Micro-Cap Fund, and the Polar CRS Fund-1. In March this year, Polar appointed Jason Cope as head of global fixed income and rates. In this position, he will oversee the development of Polar's rates and credit strategy business and will be based in Toronto. "Polar Asset Management buys hedge fund manager Castlefield Associates" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
BBC News
12-05-2025
- BBC News
Wycombe emergency stop and searches after weapons fight
Police have introduced extra stop and search powers following a fight that involved Valley Police said three men were involved in what they described as an "altercation" in High Wycombe.A Section 60 order, of the Criminal Justice and Public Order Act 1994, was in place in the Castlefield area and the order was due to end at 20:53 can stop and search people and their vehicles even if they are not suspected of committing a crime. "If you are stopped, please do not be worried as it doesn't mean that you're in trouble," said a police spokesperson."The order temporarily enhances powers for officers to prevent further violence, meaning they can stop and search anyone in this area." Follow Beds, Herts and Bucks news on BBC Sounds, Facebook, Instagram and X.
Business Wire
12-05-2025
- Business
- Business Wire
Polar Asset Management Partners Acquires Castlefield Associates Inc.
TORONTO--(BUSINESS WIRE)--Polar Asset Management Partners Inc. ('Polar'), a leading multi-strategy hedge fund manager based in Toronto, today announced that it acquired Castlefield Associates Inc. ('Castlefield'). Castlefield is a relative value systematic futures hedge fund manager founded in 2019 by Chris Schindler and partners. Over the past six years, Mr. Schindler and the Castlefield team have developed a compelling quantitative and relative value strategy which is complementary to Polar's existing strategy set. In addition to welcoming the Castlefield team, Polar looks forward to continuing to develop a new systematic strategy vertical. Prior to founding Castlefield, Mr. Schindler spent 18 years at the Ontario Teachers' Pension Plan ('OTPP'). While at OTPP, he helped develop and run the Global Systematic Investing ('GSI') team, which applied over fifty unique quantitative/systematic models to identify investment opportunities in the main liquid futures markets (equities, fixed income, currencies, commodities) as well cash equities and volatility products. 'We are pleased to welcome Chris and the Castlefield team to Polar. We have closely followed Castlefield's development over the past six years and believe they have developed a unique systematic offering. We look forward to continuing to refine and grow the strategy,' said Greg Lemaich, President and Chief Executive Officer of Polar. 'Polar is a leader and an innovator in alternative asset management. Polar's unique platform, approach to its business, and its track record of attracting and welcoming new talent, were key factors in our decision to join the firm,' said Chris Schindler, founder and Chief Executive Officer of Castlefield. About Castlefield Associates Inc. Castlefield is a systematic alternative investment manager. Castlefield's flagship Alpha Program seeks to deliver investors returns that are uncorrelated to traditional and alternative betas by exploiting the crowdedness, relative riskiness, and positioning imbalances in the alternative risk premia space. About Polar Asset Management Partners Based in Toronto and founded in 1991, Polar is a global alternative asset manager. Polar focuses on niche-oriented strategies which have attracted investors from around the world. As of December 31, 2024 Polar managed US$6.1 billion across four primary offerings: the flagship Polar Multi-Strategy Fund, a US equity long/short strategy known as Polar Long/Short Fund, Polar Micro-Cap Fund, and Polar CRS Fund-1. For more information visit:
