Saturday, 20 December 2014
Last updated 1 day ago
Aug 13 2008 | 10:39am ET
The $13 billion Montana Board of Investments has issued a request for proposal for fund of hedge funds managers through separately-managed accounts or commingled fund of funds.
To be considered for the mandate, firms must be registered with the Securities and Exchange Commission, have at least $3.5 billion of assets under management in actively-managed, multi-manager hedge fund through separately-managed accounts or a commingled fund of hedge funds, and have a five-year track record.
In February, funds of hedge funds Grosvenor Capital Management and Blackrock Alternative Advisors gave a presentation to the board, drawing praise for the asset class from a few board members and prompting others to call for a cautious, deliberate approach.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.