Saturday, 25 October 2014
Last updated 1 day 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.