Wednesday, 27 August 2014
Last updated 9 hours ago
Oct 11 2012 | 12:09pm ET
New Mexico's main public pension fund will yank its money from two top hedge funds.
The New Mexico Public Employees Retirement Association's board voted last month to redeem $61 million from Eton Park Capital Management and $38 million from Marathon Asset Management. The moves are part of a broader overhaul of the pension's portfolio and follow its decision to redeem from Paulson & Co. earlier this year.
At least some of the proceeds from the redemptions are likely to go to the EnCap Energy Capital Fund: It's board will vote on a $30 million investment in that fund this month.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...