Monday, 22 September 2014
Last updated 10 min ago
Mar 17 2006 | 12:00am ET
The Teachers Retirement System of Texas has hired three funds to manage assets allocated to the plan's absolute return portfolio.
The funds are GMAC Commercial Realty Partners II, TPG V and GoldenTree High Yield Master Fund. Juliana Helton, spokeswoman, said GMAC will manage up to $75 million for the plan and TPG will handle up to $300 million.
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.