Friday, 22 August 2014
Last updated 6 min ago
Apr 26 2007 | 9:15am ET
The $11 billion Public Employees Retirement Association of New Mexico is committing a total of $64 million to two hedge funds and $20 million to a private equity real estate fund.
The system’s consultant, this month recommended a $32 million allocation to Black River Global Multi-Strategy Leveraged Fund, a multi-strategy hedge fund, and a $32 million allocation to King Street Capital, a distressed shop. Both commitments will be funded from the system’s fixed-income portfolio.
Also, the system is committing $20 million to Praedium Fund VII, a middle market opportunistic direct real estate partnership, which will also be funded from its fixed-income portfolio.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note