Friday, 1 August 2014
Last updated 16 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.
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…