GE Seeks Asian, Convertible Arbitrage Managers

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.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Why Is The Shipping Industry Underwater?

Jul 31 2014 | 7:31am ET

Anyone who’s taken a look at the global shipping industry recently probably knows...

 

Publisher's Note