Monthly Archives: June 2017

Admirers recall Charley McCrossan as ‘industry lion’

Charley McCrossan, who founded and nurtured C.S. McCrossan into one of the nation’s top family-owned highway contractors, died Tuesday at age 91. McCrossan’s industry peers remembered him Thursday as a principled leader and astute businessman who was dedicated to his family, the construction industry and his Maple Grove-based business. Even after McCrossan turned 90, he remained active in the family business he built from scratch with a modest personal investment.

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Admirers recall Charley McCrossan as ‘industry lion’

Charley McCrossan, who founded and nurtured C.S. McCrossan into one of the nation’s top family-owned highway contractors, died Tuesday at age 91. McCrossan’s industry peers remembered him Thursday as a principled leader and astute businessman who was dedicated to his family, the construction industry and his Maple Grove-based business. Even after McCrossan turned 90, he remained active in the family business he built from scratch with a modest personal investment.

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Fixed-Income Spinoff Means Pine River Can Think About Ditching That Cumbersome ‘Hedge Fund’ Title

Earlier this week, we had the opportunity to discuss what might be the finest hedge fund exit in the past year: Steve Kuhn’s sudden, philanthropically inspired kiss-off from Pine River Capital Management , which the two parties sealed – as is customary – with a lawsuit. Now Pine River is undergoing yet another notable split, though this time without the same acrimonious recriminations or millions in disputed pay: Pine River Capital Management plans to spin off a nearly $2 billion government bond-trading fund into a stand-alone firm Jan. 1, in what is likely to be one of the biggest new hedge-fund launches next year.

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Fixed-Income Spinoff Means Pine River Can Think About Ditching That Cumbersome ‘Hedge Fund’ Title

Earlier this week, we had the opportunity to discuss what might be the finest hedge fund exit in the past year: Steve Kuhn’s sudden, philanthropically inspired kiss-off from Pine River Capital Management , which the two parties sealed – as is customary – with a lawsuit. Now Pine River is undergoing yet another notable split, though this time without the same acrimonious recriminations or millions in disputed pay: Pine River Capital Management plans to spin off a nearly $2 billion government bond-trading fund into a stand-alone firm Jan. 1, in what is likely to be one of the biggest new hedge-fund launches next year.

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MN Snapshot: Cobblestone Hotels aims to grow in Minnesota

Duluth developer and Minnetonka native Brian Forcier has teamed up with Wisconsin-based Cobblestone Hotels to help the growing company expand its presence in Minnesota. Enter your user name and password in the fields above to gain access to the subscri… Continue reading

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MN Snapshot: Cobblestone Hotels aims to grow in Minnesota

Duluth developer and Minnetonka native Brian Forcier has teamed up with Wisconsin-based Cobblestone Hotels to help the growing company expand its presence in Minnesota. Enter your user name and password in the fields above to gain access to the subscri… Continue reading

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Target’s Nicollet Mall liquor store will open Friday in time for first Sunday sales

The shop will boast a large beer, wine and liquor selection. ] MARK VANCLEAVE A mark.vancleave@startribune.com * Workers put the final touches on the new liquor store set to open Friday in the downtown Minneapolis Target. Continue reading

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Target’s Nicollet Mall liquor store will open Friday in time for first Sunday sales

The shop will boast a large beer, wine and liquor selection. ] MARK VANCLEAVE A mark.vancleave@startribune.com * Workers put the final touches on the new liquor store set to open Friday in the downtown Minneapolis Target. Continue reading

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Argument Leads to Fatal Shooting at Minnetonka, MN, Self-Storage Facility

An argument between two men at a Minnetonka, Minn., self-storage facility escalated into a fatal shooting on Friday morning. Thomas Edward Luetzow, 58, was shot in the head and neck just after 11 a.m. at a Public Storage location at 2825 Hedberg Drive,… Continue reading

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Argument Leads to Fatal Shooting at Minnetonka, MN, Self-Storage Facility

An argument between two men at a Minnetonka, Minn., self-storage facility escalated into a fatal shooting on Friday morning. Thomas Edward Luetzow, 58, was shot in the head and neck just after 11 a.m. at a Public Storage location at 2825 Hedberg Drive,… Continue reading

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