Wednesday, 1 October 2014
Last updated 5 hours ago
May 23 2011 | 1:15pm ET
The Garden State has spread more than a billion dollars into seven alternative investments funds.
The New Jersey Division of Investment handed $1.275 billion to six separate firms. The biggest winner was Lone Star Funds, which got a total of $400 million. Most of that, $300 million, went to the firm's Fund VII, which invests in single-family residential mortgages and mortgage-backed securities, while $100 million went to the firm's Real Estate Fund II, which focuses on commercial real-estate.
Four other funds received $200 million commitments: Texas Pacific Group's Speciality Lending Fund, Vista Equity Partners' Fund IV, NJAI's Fund II and Rock Creek Group's Woodley Park Fund. In addition, Ascend Partners was the beneficiary of a $75 million follow-on investment in its Fund II.
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...