Thursday, 18 September 2014
Last updated 25 min ago
Oct 10 2007 | 1:10pm ET
The California Public Employees Retirement System recently expanded its roster of private equity managers with five new mandates for its $257 billion fund.
The pension fund in August dished out a total of $1.1 billion to U.S. and European buyouts shops.
According to minutes posted on CalPERS’ Web site, the system committed $50 million to KH Growth Equity Fund, €150 million to Lion Capital Fund II, $200 million to Advent Latin America Private Equity Fund IV, $150 million to Ares Distressed Securities Fund and €400 million to ESP Golden Bear Europe Fund.
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.