Sunday, 21 December 2014
Last updated 13 hours ago
Mar 10 2006 | 12:00am ET
The $57 million Massachusetts Housing Finance Agency Employees Retirement System has committed up to $3 million to Goldman Sachs Private Equity Group’s new fund-of-funds.
John Doherty, executive secretary of the plan, said the board made the hire to diversify its portfolio. Funding for the commitment will come from the plan’s surplus and reallocation of its other portfolios. No managers will be terminated, Doherty said. The funding will be completed soon because the fund-of-funds is not in full operation yet.
Meketa Investment Group assisted. A spokeswoman at GS declined to comment on the allocation.
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.