Tuesday, 21 October 2014
Last updated 34 min ago
Nov 9 2012 | 9:59am ET
The New Jersey Division of Investment has boosted its alternative investment portfolio by some $650 million.
The $70.6 billion pension system hired Scopia Fund Management, Pensions & Investment reports, to manage a $150 million long/short equity mandate. Scopia's fund focuses on small- and mid-cap stocks.
The Garden State also gave a big vote of confidence to BlackRock Private Equity Partners' SONJ Private Opportunities Fund, doubling its investment in the separate account co-investment vehicle to $800 million. And it added $100 million to an existing $150 million invested with GoldenTree Asset Management's bank-loan fund, Credit Opportunities.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...