Sunday, 5 July 2015
Last updated 2 days ago
May 23 2007 | 12:51pm ET
The New Jersey Division of Investment has committed a total of $300 million to a trio of hedge funds and private equity funds.
The system is putting $100 million with the Silver Point Capital Fund, a credit-based vehicle, according to a due diligence memo penned by director William Clark.The fund has returned an annualized 21.14% since inception in January 2002.
The system is committing equal amounts to Vista Equity Partners Fund III, a middle-market fund focusing on enterprise software companies, and New Mountain Partners III, a middle-market buyout fund that focuses on defensive growth industries companies such as adult education, health care, business services, transaction processing, and media.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…