Thursday, 24 July 2014
Last updated 6 hours 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.
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…