Friday, 29 August 2014
Last updated 5 hours ago
Feb 22 2011 | 10:24am ET
Wisconsin's top public pension fund has made its first investment in a hedge fund, allocating $100 million to Capula Investment Management.
The $83 billion State of Wisconsin Investment Board made the move after last year deciding to put up to 2% of its assets in hedge funds. Capula is the first of between 15 and 20 hedge funds the pension hopes to hire.
"SWIB continues to prudently negotiate with and to screen possible candidates with the help of SWIB's hedge fund consultant, Cliffwater," a spokeswoman for the pension said.
Wisconsin picked Capula's GRV Fund, which "invests in fixed-income and currency arbitrage and relative-value opportunities in the most liquid G3 companies," the spokeswoman, Vicki Hearing, said.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...