Tuesday, 21 October 2014
Last updated 1 hour ago
Jul 25 2011 | 1:11pm ET
The Arizona Public Safety Personnel Retirement System, already in for more than $250 million in new hedge fund allocations this year, is looking into another.
The $6.9 billion public pension's board will discuss investing in Pacific Alliance Group's Asia Opportunity Fund at its July 27 meeting, HFMWeek reports. The pension is still considering a $50 million investment in PAG's Special Situations Fund.
PSPRS is mulling a $40 million mandate for the Asia fund.
The pension is also to consider its investment in FrontPoint Partners' flagship Multi-Strategy Fund. According to the board's agenda, it will discuss "the liquidation of assets from the FrontPoint Offshore Multi-Strategy Fund." A decision on that front is unlikely to be necessary: FrontPoint, embroiled in an insider-trading scandal, has already decided to shutter and liquidate that fund and most of its other offerings.
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...