Wednesday, 17 December 2014
Last updated 7 hours ago
May 31 2011 | 8:54am ET
West Virginia's main public pension manager has allocated $30 million to hedge fund Tenor Capital Management.
The $12.5 billion West Virginia Investment Management Board will invest in Tenor's Opportunities Fund, HFMWeek reports. The allocation follows a $60 million mandate won by Carlson Capital in March.
The WVIMB has almost $1 billion allocated to hedge funds.
In addition to adding to its hedge fund stable, however, the pension is also trimming it: WVIMB is redeeming its investments with Bennelong Asia Pacific and Vicis Capital.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.