Sunday, 21 September 2014
Last updated 2 days ago
Mar 24 2006 | 12:00am ET
The $80 billion New Jersey Division of Investment has hired two private equity and two real estate managers to handle a total of $600 million.
The plan will invest $150 million in MDCP V, a large and mid-market buyout and growth equity fund, and $300 million in Texas Pacific Group Partners V, a complex large buyout fund, according to Spokesman Tom Vincz.
In real estate, the plan invested $75 million each in CPI Capital Partners Europe and Walton Street Real Estate Fund V.
The allocations were approved at the plan’s board meeting earlier this week. Strategic Investment Solutions advises the plan on private equity hires, while The Townsend Group is the plan’s real estate consultant.
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.