Wednesday, 27 August 2014
Last updated 8 hours ago
Aug 26 2009 | 1:32pm ET
A Perella Weinberg Partners hedge fund has won a $30 million mandate from the San Diego County Employees Retirement Association.
The $3.6 billion pension picked Perella Weinberg’s Asset-Based Value Opportunity Fund, Pensions & Investments reports.
SDCERA is also looking to outsource its chief investment officer post. The pension is negotiating a contract with a firm that it declined to identify. SDCERA’s last CIO, David Deutsch, resigned in March.
Deutsch had been a champion of hedge fund investing since joining SDCERA in 2004. But he quit after the arrest of the principals of WG Trading Co. in February; the pension had $78 million invested in the Connecticut hedge fund.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...