Wednesday, 26 November 2014
Last updated 4 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...