Wednesday, 30 July 2014
Last updated 21 min ago
May 23 2008 | 2:25pm ET
The $154.5 billion New York State Common Retirement Fund has committed $36.6 million to a group of hedge funds.
The fund in March committed $5 million to Clarium Capital and $5 million to the GLG Emerging Currency & Fixed Income Fund, both global macro offerings, as well as $681,106 to Global Undervalued Securities Fund, $12 million to Millennium Global Credit Fund, a global macro fund, $2.5 million to Paulson Advantage Plus, an event-driven fund; $2.5 million to Whitebox Hedged High Yield, a capital-structure arbitrage fund; and $9 million to Xerion Fund, an event-driven fund.
The commitments were made through one of CRF’s fund-of-fund programs, which are not disclosed “for competitive reasons.”
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…