Monday, 20 October 2014
Last updated 2 days ago
Dec 27 2010 | 2:18am ET
Alternative investments firms were the beneficiaries of nearly all of the more than $300 million committed by New York's largest public pension system.
The New York State Common Retirement Fund made a total of $343 million in commitments in October, HedgeFund.net reports, citing the pension's latest monthly transaction report. The biggest chunk, $275 million, went to three long/short equity hedge funds.
Another $50 million went to an emerging manager fund of hedge funds, with $12.5 million entrusted to private equity firm Grey Mountain Capital Partners.
The New York pension, one of the country's largest, has more than $130 billion in assets.
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...