Friday, 27 February 2015
Last updated 3 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…