Tuesday, 23 September 2014
Last updated 3 hours ago
Jan 13 2006 | 8:23pm ET
The $32 billion Los Angeles County Employees Retirement Association was expected to approve a $250 million externally-managed private equity co-investment program at its board meeting on Wednesday.
The fund will be interviewing finalists Fisher Lynch Capital, Merrill Lynch Investment Managers Private Equity Partners and Morgan Stanley Alternative Investment Partners at the its Feb. 22 investment board meeting.
Chris Wagner, senior investment officer at the plan, did not return calls seeking further information.
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 McKitich, CIO of Petty 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…
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.