Wednesday, 30 July 2014
Last updated 15 hours 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.
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…