Friday, 19 December 2014
Last updated 1 hour ago
Nov 21 2007 | 2:38am ET
William Clark, director of New Jersey’s State Investment Council, has recommended that $600 million be committed to three private equity funds.
In a memo, Clark proposed a $100 million commitment to Wayzata Opportunities Fund II, a Minneapolis-based, small- to mid-market distressed debt fund; a $100 million commitment to New Jersey Asia Investors Fund I, separate account mandate focusing on private equity investments in Asia; and a $400 million commitment to BlackRock - SONJ Private Opportunities Fund II, and SONJ Side Car Fund I, successors to the prior $100 million co-investment separate account that the investment council entered into with Merrill Lynch Investment Management.
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.