Thursday, 18 September 2014
Last updated 5 hours ago
May 30 2013 | 10:46am ET
The Chicago Transit Authority Retirement Plan is on the lookout for a global macro hedge fund manager—or managers.
The $1.7 billion pension posted a request for information this week on its Web site. Interested candidates have until June 14 to send in a proposal; finalists will be notified on July 12.
The pension aims to issue a mandate or mandates totaling $5 million to $10 million.
Gray & Co., the plan's investment consultant, is assisting with the search.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.