Sunday, 25 January 2015
Last updated 2 days ago
Jun 13 2008 | 11:14am ET
The $13 billion State of New Mexico Public Employees Retirement Association last month committed a total of $115 million in a trio of hedge and private equity funds.
The fund approved a $35 million allocation to Sandell Asset Management’s Castlerigg Partners, an event-driven hedge fund, to be funded from fixed-income; $25 million to Onex Partners III, a p.e. fund investing in mid-market buyouts, to be funded from equities; $30 million to Silver Point Capital, a p.e. distressed debt fund investing in mortgage opportunities, to be funded from equities.
The fund has also extended the contract of its alternative investment consultant, Cliffwater, for another two years.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…