Wednesday, 1 October 2014
Last updated 11 hours ago
Dec 27 2010 | 2:17am ET
Farallon Capital Management's loss is Wexford Capital's gain. The New Mexico Public Employees Retirement Association has handed about half of the money it yanked from the former into the latter's Spectrum Fund.
The allocation to Wexford will be funded by the beginning of February, the $11 billion public pension said.
PERA pulled $78 million from Farallon's Institutional Partners fund due to departures "material to the investment of the hedge fund," Joelle Mevi, chief investment officer, told Pensions & Investment.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...