Thursday, 18 December 2014
Last updated 31 min ago
Dec 17 2010 | 12:41am ET
A California public pension fund may add a new credit hedge fund to its stable. The San Bernardino County Employees' Retirement Association is considering the award of a separate account mandate to the Zais Group.
Zais, which manages $8 billion in distressed and illiquid debt hedge funds, recently moved a big chunk of its assets into a Luxembourg-domiciled separate account structure, HFMWeek reports. The accounts had previously been held in the Cayman Islands.
SBCERA may invest $30 million with the New Jersey-based fund, just a couple of months after investing $80 million in two other credit hedge funds.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.