Sunday, 21 December 2014
Last updated 6 hours ago
Nov 5 2007 | 12:32pm ET
The board of the $13 billion Public Employees Retirement Association of New Mexico last month committed $100 million to three alternative investment vehicles.
The board awarded a $35 million mandate to Canyon Value Realization Fund, a credit oriented hedge fund, and a $35 million mandate to Marathon Special Opportunities Fund, a global distressed securities hedge fund. Both commitments are being funded from the system’s fixed-income portfolio.
On the private equity front, the board committed $30 million to Natural Gas Partners Fund IX, a real asset partnership targeting investments primarily in upstream oil and gas companies. The system is also funding this commitment from its fixed income portfolio.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.