Saturday, 25 October 2014
Last updated 1 day ago
Jun 20 2007 | 8:58am ET
Not one to be left out of the crowd, BlackRock has announced a plan to invest in startup hedge funds as other traditional asset managers and Wall Street giants do the same.
At a conference in Monaco, BlackRock hedge fund chief Howard Berkowitz said his firm will take small stakes in young hedge funds “to be on the ground floor and be able to get a great rate of return.”
Hedge funds have reportedly raised some $10 billion over the past year by selling stakes in their firms.
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…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.