Friday, 19 September 2014
Last updated 13 hours ago
Oct 25 2012 | 10:43am ET
A nearly $10 billion California pension fund is preparing to make an event-driven hedge fund buy.
The Orange County Employees Retirement System yesterday heard from the four hedge funds it plans to hire for its event-driven allocation. OCERS plans to make an initial allocation of 4% of its direct hedge fund program to the four, with a maximum allocation of 8%.
The $9.6 billion public pension fund's board has recommended the hire of Archer Capital Management, Beach Point Capital Management, Perry Capital and Venor Capital Management.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.