Wednesday, 17 September 2014
Last updated 4 hours ago
Oct 15 2010 | 12:36pm ET
The Los Angeles County Employees’ Retirement Association is readying a search for its first fund of hedge funds manager.
The $35 billion public pension will issue a request for information within the next several months, Pensions & Investments reports. The plan’s board is still working on the minimum qualifications for the mandate, which will be for between $300 million and $350 million.
Lisa Mazzocco, LACERA’s chief investment officer, said the pension would fund the new fund of funds allocation from its equities portfolio.
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…
The London Whale saga is a twist on the typical rogue trader story as the rogue trader recognized the error of his ways and was prepared to take his medicine but was instructed by superiors to “defe...