Thursday, 18 September 2014
Last updated 3 min ago
Jul 24 2008 | 10:28am ET
The New Jersey State Investment Council this month committed $400 million to a trio of private equity funds.
According to an internal memo, the $80 billion pension plan is committing $100 million to JPMorgan Venture Capital Institutional Investors IV, a commingled fund of funds focusing on early-stage companies, especially in the technology, communications and life sciences sectors.
The plan is also committing $100 million to Lehman Brothers Secondary Opportunities Fund II, which targets partnerships that have completed or are near the end of their investment cycle, and $200 million to Lindsay Goldberg Fund III, a small- to mid-market buyout 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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.