Sunday, 21 September 2014
Last updated 1 day ago
Jun 3 2014 | 2:32am ET
The City of Milwaukee Employees’ Retirement System has narrowed its search for its first hedge fund manager to three funds of funds.
Corbin Capital Partners, Lighthouse Investment Partners and UBS Alternative and Quantitative Investments are the finalists for the $100 million mandate, Pensions & Investments reports. A decision could come as soon as Thursday, when the $5 billion pension’s investment committee meets to interview representatives of the three firms.
The pension’s investment consultant, Callan Associates, is assisting with the search.
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.