Friday, 25 July 2014
Last updated 8 hours ago
Aug 22 2007 | 11:14am ET
The board of the Public Employees Retirement Association of New Mexico recently added a group of hedge funds and a private equity fund to its portfolio.
On the hedge fund front, the board allocated $35 million each to Stark Investments and AG Superfund, both multi-strategy hedge funds, and TPG-Axon Partners, an equity long/short hedge fund. All three hedge fund investments are to be funded from its fixed-income portfolio.
The system’s board also approved a $30 million allocation to KRG Capital Fund IV, a mid market buyout fund, to be funded from equities.
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…