Wednesday, 23 July 2014
Last updated 27 min ago
Feb 8 2013 | 11:20am ET
Kazakhstan, the Central Asian nation with the $58 billion National Oil Fund, is looking for hedge and private equity fund-of-fund managers to oversee investments worth as much as $300 million.
The bank wants private equity managers with at least $5 billion under management and 10 years' experience and hedge fund managers with at least $5 billion and five years' experience, reports Bloomberg.
Each mandate will be worth between $50 and $150 million and applications will be accepted until the end of the month.
Private equity fund of funds will be allowed to invest in mezzanine, primary and secondary private-equity funds focused on growth capital, special situations and buyouts. Eligible funds of hedge fund strategies include global macro, event-driven, credit, long/short equity, multi-strategy, fixed-income arbitrage and managed futures.
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…