Friday, 19 September 2014
Last updated 16 hours ago
Mar 29 2012 | 9:34am ET
New Jersey's public pension funds are losing one of the architects of their alternative investments strategy.
Christine Pastore will leave the New Jersey State Investment Council tomorrow. In seven years at the $70.5 billion system, Pastore, co-head of alternative investments, oversaw the construction of the now $17 billion portfolio, which also has $20 billion in commitments. Pastore informed the council she'd resign in January.
Pastore told Pensions & Investments that she expects Jason MacDonald, head of alternative credit, to become senior portfolio manager of private markets.
"I've decided to take some time off and figure out what's next," Pastore told P&I.
"I've been running like a bull for seven years."
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…
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