Va. Invests With Cevian

Aug 28 2012 | 10:41am ET

Cevian Capital has added another U.S. state pension fund to its roster of clients.

The Swedish activist hedge fund won a $250 million mandate from the Virginia Retirement System, Bloomberg News reports. That deal comes just months after the firm, founded by Christer Gardell, received a $150 million mandate from the New Jersey Division of Investment.

Cevian focuses on European companies.


In Depth

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Artivest Announces Funding Round Led by KKR & Co.

May 4 2015 | 9:56am ET

Artivest, a startup that provides individual investors with access to private equity...

Guest Contributor

Starting a ‘40 Act Fund Family? Don’t Forget Your Board

Apr 30 2015 | 7:18am ET

The convergence of the hedge fund and mutual fund worlds continues unabated, as...

 

Editor's Note