Wednesday, 30 July 2014
Last updated 3 hours 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…