Thursday, 27 November 2014
Last updated 1 day ago
May 12 2010 | 2:50am ET
New Jersey’s State Investment Council is headed by a hedge fund manager and big-time Democratic Party donor. So the Garden State’s new Republican governor is hoping to add some alternatives balance.
Gov. Chris Christie yesterday nominated private equity veteran Robert Grady to the 13-member board. Grady, who lives in Jackson Hole, Wyo., served as budget adviser to Christie’s transition team.
Grady is a managing director at Denver-based p.e. firm Cheyenne Capital Fund and is a former partner at the Carlyle Group. He was one of three nominees to the Investment Council, led by Boston Provident Partners chief Orin Kramer, sent by the governor to the state Senate.
Kramer’s term as chairman of the council, which oversees $68 billion on behalf of New Jersey’s public pensions, expires in September.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...