Friday, 19 September 2014
Last updated 1 hour ago
Mar 27 2007 | 11:43am ET
The $32 billion Pennsylvania State Employees' Retirement System today issued a request for proposal for alternative investment consultants.
SERS’ alternative investment program consists of limited partnership interests in private equity investments such as leveraged buyouts, venture capital, distressed, fund-of-funds and secondary investments.
SERS’ current alternative investment allocation is 13.2% with a target allocation of 14%, and its current alternative investment contract with Cambridge Associates will expire on April 30, 2008.
The RFP is available for review and download from the Pennsylvania Department of General Services Web site. The deadline for The RFP is May 4.
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.