Saturday, 25 October 2014
Last updated 22 hours 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…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.