News Brief

Aspen Daily News Staff Report
GOLDMAN SACHS MAKES LOCAL INVESTMENT

The Goldman Sachs Group announced their investment in BTIG LLC, a dealer specializing in equity trading and brokerage services. The proceeds will go toward BTIG’s continued growth, but the company will remain independent and majority-owned by its employees.

Besides BITG’s Aspen location, they have offices in New York, San Francisco, Dallas, Boston, Chicago, Greenwich, Conn., and Red Bank, N.J. BTIG specializes in institutional trading, prime brokerage, outsource trading and direct market access.

NO MORE STORIES FOR GLENWOOD BOOKSTORE

Red Mountain Books in the Glenwood Springs Mall has closed down.

The bookstore shuttered its doors last week. It was not clear why the business closed down but an employee there indicated the owner is moving on and doesn’t intend on ever reopening. It was not immediately known at press time what business would take its spot, located at one of the mall’s entrances.

SKICO’S ENVIRONMENT FOUNDATION DONATES $90,000

More than $90,000 was recently awarded to valley nonprofits through the Environment Foundation, a grant-awarding arm of the Aspen Skiing Co. funded through employee contributions and the Aspen Community Foundation.

One of 13 projects receiving grant money is a 5.4 kilowatt solar array atop the roof of Solara Preschool, which will provide 60 percent of the school’s electricity and reduce carbon emissions. X Games Environmentality donated $15,000 and the Environment Foundation spent another $13,000 to fund the solar panel.

In the past four months, SkiCo employees have donated $37,000 to the foundation, which were matched by Family Fund and the Community Foundation. Organizations receiving grant money include Roaring Fork Outdoor Volunteers, Roaring Fork School District, Aspen Center for Environmental Studies, Western Colorado Congress and Colorado Fourteeners Initiative. In all, the Environment Foundation has donated more than $1.2 million to nearly 250 projects.