Sunday, 28 December 2014
Last updated 6 hours ago
Mar 5 2007 | 11:40am ET
GE Asset Management, the $53 billion pension plan of General Electric, is looking for exposure to Asia and convertible arbitrage hedge fund managers. Chris Linehan, a spokesman for the plan, said it is currently discussing a number of alternatives for investments including direct investments versus funds of funds and the amount to be allocated.
“This is a scenario we’re evaluating and considering but there are no specific plans at this point," said Linehan.
GEAM’s decision was first reported by Alternative Investment News.
GEAM currently has $3 billion invested in hedge funds, with exposure to funds of funds, fixed-income arbitrage, distressed debt, multi-strategy and equity long/short funds.
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.