Saturday, 20 September 2014
Last updated 1 day ago
Sep 30 2013 | 11:39am ET
West Virginia's public-pension manager has increased its investment with four hedge funds.
The West Virginia Investment Management Board gave $30 million to four existing managers. Carlson Capital's Double Black Diamond fund and Pine River Capital Management's eponymous fund each received $10 million more, bringing their total allocations from WVIMB to $70 million.
Graham Capital Management and Winton Capital Management each got an extra $5 million, bringing their total allocations to $35 million.
Double Black Diamond is a multi-strategy fund, Pine River a relative-value fund, Graham Global Investment Fund II a global macro fund and the Winton Futures Fund a managed futures vehicle.
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.