Saturday, 27 December 2014
Last updated 3 days ago
May 14 2010 | 1:12am ET
Boston Provident Partners head Orin Kramer is taking a leave of absence from the New Jersey State Investment Council.
The hedge fund manager has headed the council, which invests $68 billion on behalf of the Garden State’s public pension funds, will be away at least through its May 20 meeting. He will continue to work at Boston Provident, Bloomberg News reports.
In Kramer’s absence, Jonathan Berg, the council’s vice chairman, will chair meetings.
Berg told Bloomberg that Kramer’s leave was due to family reasons.
Kramer’s term as chairman is set to end in September. He was appointed in 2002 by then-Gov. Jim McGreevey, a Democrat. New Jersey’s current governor, Chris Christie, this week appointed three new members to the council.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.