Monday, 22 September 2014
Last updated 14 min ago
Mar 10 2006 | 12:00am ET
The $397 million New Orleans Employees Retirement System has hired 14 hedge fund managers to handle a total of $10.75 million.
Jerry Davis, chairman, said the plan decided to directly invest with 14 managers to test various strategies and would likely invest further with managers in strategies that perform well. He declined to name the managers while he is in contract negotiations.
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.