Thursday, 18 December 2014
Last updated 7 hours ago
Oct 7 2011 | 10:06am ET
New York's largest public pension fund has hired a Chicago private equity fund to run an emerging real estate mandate focused on women- and minority-owned firms.
Artemis Real Estate Partners has received a $300 million allocation. The firm, founded by billionaire Penny Pritzker, will manage an emerging manager of managers real estate separate account for the $146.9 billion New York State Common Retirement Fund. It is the first allocation in plan's new emerging managers real estate program.
"With the emerging manager program now in place across our asset classes, the fund has affirmed its status as an innovator in the field and show once again its commitment to enhancing diversity and opportunity while improving its bottom line," New York Comptroller Thomas DiNapoli said.
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.