Wednesday, 22 October 2014
Last updated 15 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...