Thursday, 31 July 2014
Last updated 13 min ago
Mar 9 2012 | 10:30am ET
Renaissance Technologies founder James Simons has entrusted some of his billions to a former California State Teachers' Retirement System private equity manager.
Pascal Villiger has joined Medley Partners, the firm Simons set up eight years ago to manage his private equity investments, Private Equity Hub reports. Medley is based in San Francisco.
Villiger has spent the last four years at CalSTRS, one of the country's largest pension funds and its second-biggest private equity investor. Prior to joining the public fund, he worked at UBS and Bank of America.
Simons has a personal fortune of $10.7 billion, Forbes reports.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…