Thursday, 24 July 2014
Last updated 9 hours ago
Dec 22 2005 | 10:33pm ET
The New Jersey State Investment Council made allocations to several funds at its investment committee meeting last week. The plan invested $40 million each to distressed debt funds Wayzata Opportunities Fund and Black Diamond Opportunity Fund II.
According to a letter from Director William Clark, the Council is attracted to the distressed debt area because "we believe that this segment of the market will likely offer attractive investment opportunities over the next 1-3 years," he wrote.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…