Friday, 19 September 2014
Last updated 22 min ago
Jun 12 2007 | 3:37pm ET
The Public Employees Retirement Association of New Mexico is committing a total of $95 million to three hedge and private equity funds, according to minutes from today’s investment committee meeting.
The $11 billion system is making an allocation of $35 million allocation to Mariner Partners, a fixed-income arbitrage hedge fund, to be funded from its fixed-income portfolio. The system is also committing $30 million to Kelso Investment Associates VIII, a p.e. fund focused on buyouts of medium-sized companies, to be funded from its equities portfolio. Also, a $30 million allocation was made to JMI Equity Fund VI, a venture capital fund focused on later stage companies, to be funded from its equities portfolio.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.