Thursday, 28 August 2014
Last updated 8 hours ago
May 2 2008 | 2:00am ET
The $11.1 billion Ohio School Employees Retirement System last month approved investments in two hedge funds, bringing the number approved to date to 25.
The Renaissance Institutional Equities Fund and Linden International will each receive up to $50 million, but actual allocations to individual funds will be much less, according to SERS, which will allocate a total of $250 million to $300 million across a highly diversified group of hedge funds in an absolute return portfolio.
The system also approved investments in two new private equity funds of funds: up to $25 million in JPMorgan European Corporate Finance Institutional Investors IV, and up to $50 million in JPMorgan Venture Capital Institutional Investors IV.
In March, SERS committed a total of $200 million to four hedge funds: King Street Capital, Lansdowne Global Financials Fund, Paulson Advantage and Spinnaker Global Opportunity Fund.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...