Saturday, 20 December 2014
Last updated 1 day 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.