Monday, 24 November 2014
Last updated 3 min 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.
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...