Wednesday, 17 September 2014
Last updated 1 hour 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…
The London Whale saga is a twist on the typical rogue trader story as the rogue trader recognized the error of his ways and was prepared to take his medicine but was instructed by superiors to “defe...