Monday, 22 September 2014
Last updated 2 days ago
Aug 13 2010 | 10:30am ET
Crestline Investors has been handed a fund of hedge funds mandate by the New Mexico State Investment Council, which also plans to hire another fund of funds.
Crestline will manage $80 million for the system. The firm replaces TAG Associates’ Vintage Classics, which the New Mexico fund fired in April due to poor performance, Pensions & Investments reports.
New Mexico will hire another fund of funds, which will manage $150 million, by the end of September. A request for proposals has been issued.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.