Sunday, 29 November 2015
Last updated 2 days ago
Mar 28 2012 | 11:33am ET
New Jersey's state pension funds continue to move towards their goal of doubling their hedge fund allocation, with $450 million in new mandates handed out last week.
The New Jersey State Investment Council awarded $200 million to BlueCrest Capital Management, $150 million to Claren Road Asset Management and $100 million to Cadian Capital Management, HFMWeek reports. The hires bring to eight the number of hedge funds added to the Garden State's portfolio over the past year, after the public pension systems increased their hedge fund allocation from 5% to 10%.
Just last month, the $74.7 billion systems awarded $150 million each to Bay Pond Partners and Cevian Capital.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…