Sunday, 21 September 2014
Last updated 1 day ago
Jul 18 2008 | 10:27am ET
The board of the $34 billion Pennsylvania State Employees’ Retirement System this week allocated capital to five private equity and real estate shops.
The board authorized commitments of up to €20 million (US$31 million) to Clessidra Capital Partners II, up to €50 million (US$79 million) to Charterhouse Capital Partners IX as a follow-on investment, up to $30 million to InterWest Partners X as a follow-on investment, $9 million to a “sidecar” fund being raised by Battery Ventures VIII, and up to $15 million to Arden Real Estate Fund I.
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.