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$9 trillion market not many institutions know about
Pending Basel III regulations could move trade finance and its $9 trillion market into the sights of institutional investors.
PineBridge Investments adds CIO for Middle East, North Africa and Turkey
Wael Aburida has joined PineBridge Investments as chief investment officer, leading its Middle East, North Africa and Turkey team.
Holyoke Retirement System on lookout for private equity manager
Holyoke (Mass.) Retirement System issued an RFP for a private equity firm to manage $8 million to $12 million.
Illinois SURS searching for general, real estate investment consultants
Illinois State Universities Retirement System issued an RFP for general investment and real estate consulting services for its $14.9 billion defined benefit plan and $1.2 billion 401(a) plan.
Managed futures funds gain 3.5% in April, lead all hedge fund strategies year to date through April
Index data released Wednesday show managed futures funds rose 3.5% during the month - the most of any substrategy in the Dow Jones Credit Suisse Hedge Fund index. Year to date, managed futures funds are up 7.29%, 87 basis points higher than long/short equity funds and 107 basis points higher than
Seattle City Employees selects AEW, Heitman for core real estate
Seattle City Employees' Retirement System hired AEW Capital Management and Heitman to manage core real estate strategies,
Florida State Board sticks with Townsend Group as real estate consultant
Florida State Board of Administration rehired Townsend Group as consultant for real estate and real estate strategic investments consultant services.
PENN Capital adds investor relations post for alternatives
Richard Griffith III joined PENN Capital Management Co.'s investor relations team, with primary responsibility for marketing the firm's alternative investment approaches.
Citi: Institutional hedge fund investments will climb to $2.3 trillion by 2017
Global institutional investment in hedge funds is predicted to increase 56% to $2.3 trillion by year-end 2017 from the end of 2012.
Abu Dhabi Investment Authority snags former RREEF infrastructure chief
John McCarthy was named global head of infrastructure at the Abu Dhabi Investment Authority.
Succession planning is a key area of focus for managers
Succession planning is a key element of an investor's due diligence process and, while it has always been important, it has become increasingly more so in recent years as more industry leaders near retirement age.
Level Global Investors co-founder sentenced to 6½ years in prison
Level Global Investors co-founder and portfolio manager Anthony Chiasson was sentenced Monday by U.S. District Judge Richard Sullivan in New York to serve 78 months in prison and to pay a $5 million fine.
Milwaukee City plan selects Abbott Capital Management
Milwaukee City Employes' Retirement System committed $35 million to Abbott Private Equity Partnership AP 2013 fund, managed by Abbott Capital Management.
Will giant TXU LBO become a distressed debt deal?
Energy Future Holdings Corp., the company formerly known as TXU Corp., is morphing from the largest LBO ever to what could be an enormous distressed debt buying opportunity.
Stars are aligning for resurgence of buyout boom
Cheap debt and easy loan terms like those available now typically set the stage for the return of the megaleveraged buyouts, but market participants are divided over what kinds of opportunities are likely to arise.