Wednesday, 27 August 2014
Last updated 14 hours ago
Dec 2 2008 | 1:15pm ET
The $153.9 billion New York State Common Retirement Fund committed a total of $210 million to a trio of private equity firms in September.
According to an internal memo, the fund allocated $100 million to Ares Corporate Opportunities Fund III, $50 million to Asia Alternatives Capital Partners II, a women-owned Asian buyout fund; and $60 million to GenNx360 Capital Partners, an African American-owned buyout firm and a new relationship for the fund.
The fund did not make any commitments to hedge funds in September, which turned out to be a horrible month for the industry. CRF senior ivnestment officer Peter Carey said that the fund is going to cut its fund of funds allocation from 23% to 10% by the end of the year, while increasing its allocation to hedge funds to 45%.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...