Thursday, 18 September 2014
Last updated 11 hours ago
Mar 22 2011 | 11:58am ET
The Massachusetts Water Resources Authority Employees' Retirement System is on the lookout for a fund of hedge funds.
The $300 million pension has issued a request for proposals for a fund of funds; the selected manager would be given up to $12 million. Mass. Water has an existing hedge fund allocation, but did not provide any information on its size.
The pension is conducting the search with the help of consultant NEPC.
Proposals are due on April 8; the RFP is available on the Massachusetts Public Employee Retirement Administration Commission's website.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.