Sunday, 23 November 2014
Last updated 2 days ago
Jun 14 2007 | 1:03pm ET
The Washington State Investment Board last month committed a total of $450 million to two private equity funds. Fortress Fund V will get $300 million and MatlinPatterson Global Opportunities Partners III $150 million.
The mandates brings the $60.8 billion system‘s total allocation to p.e. to an estimated $1.3 billion year to date, and the system shows no signs of slowing down. Last week, it recommended an unspecified amount to two more p.e. funds: Asia Opportunity Fund III and Endeavour Capital Fund V, on top of contract extensions to INVESCO Private Equity and Pathway Capital Management.
Calls made to the investment board seeking comments were not returned before press time.
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...