Monday, 30 November 2015
Last updated 19 min ago
Apr 1 2014 | 1:40pm ET
Crestline Investors has raised $1.7 billion for two new funds of hedge funds.
Crestline Opportunity Fund II netted $980 million in commitments, while its Recovery Fund III won $738 million. The former will invest in private credit strategies, while the latter will buy up secondary interests in hedge funds.
Several public pension funds committed to the Opportunity Fund, including the Arizona Public Safety Personnel Retirement System and California’s San Joaquin County Employees’ Retirement Association.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…