Sunday, 23 November 2014
Last updated 1 day 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...