Indianapolis Business Journal

FEB. 19-25, 2021

Dozens of clients of the Carmel-based investment firm Indie Asset Partners are concerned they’re at risk of losing a big chunk of the tens of millions of dollars that went into a New York hedge fund as part of what was supposed to be a risk-diversification strategy. Greg Andrews explains what went wrong. Also in this week’s issue, Susan Orr delves into a report from the Brookings Institution that finds entrepreneurship is sluggish in Indiana and that, as a result, the state is not as well-positioned as it might be to rebound from economic downturns. And Anthony Schoettle reports that media coverage of Indianapolis’ stint hosting all of March Madness could bring an enormous payoff for the city, state and the venues hosting the lion’s share of the games.

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