Friday, 28 November 2014
Last updated 5 hours ago
Jun 23 2006 | 8:55pm ET
The State Universities Retirement System of Illinois has earmarked up to $300 million to be invested in private equity next year. Dan Allen, cio of the $14.3 billion plan, said the funding plan for private equity was put in place because the initial five-year plan was ending this year.
He said that the volatility of the market and Sudan divestment legislation led SURS to use a one-year plan to help guide the investment staff and consultant Ennis Knupp + Associates. Allen said there are no particular aspects of private equity the plan will look at yet and he will look at the plan's existing private equity managers before initiating any possible searches.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...