Wednesday, 17 December 2014
Last updated 13 hours ago
May 28 2013 | 12:10pm ET
A Maryland public pension fund has a new hedge fund consultant and a pair of new private equity managers.
The $3.2 billion Montgomery County Employees' Retirement System hired Albourne America "to assist staff with further implementation of the opportunistic" hedge fund program, it said in a quarterly report last week.
The pension also committed a total of $29 million to KPS Capital Partners and Altaris Capital Partners. The former will get $15 million for a middle-market restructuring and turnaround fund, and the latter $14 million for a healthcare fund.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.