Thursday, 18 September 2014
Last updated 35 min ago
Mar 17 2008 | 11:13am ET
The $154.5 billion New York State Common Retirement Fund recently committed a total of $280.7 million to a slew of hedge funds and private equity funds.
On the hedge fund front, the fund committed $5.1 million to Emerging Sovereign Master Fund, a multi-strategy fund; $22 million to Global Undervalued Securities Fund, an equity hedge fund; $30 million to King Street Capital Fund, a distressed securities focused fund; $2 million to NWI Explorer Global Macro Fund, a global macro fund; $10 million to Spinnaker Global Emerging Markets Fund, a global macro fund; $1.4 million to Spinnaker Global Opportunity Fund, a global macro fund; $3.1 million to SR Carthaginian, an equity hedge fund; $5.4 million to Strategic Value Restructuring Fund, a distressed securities fund; $2.1 million to Wexford Spectrum Fund I, a global macro fund, and $603,491 to Atticus European, an event driven focused fund.
As part of its private equity mandates, the CRF has committed $20 million to FIMI Opportunity IV; €10 million (US$15 million) to N+1 Private Equity Fund II; €100 million to Bridgepoint Europe IV; and $10 million to Craton Equity Partners.
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.