Tag Archives: spike

Connecticut Pension Fund to Enter Hedge Funds After $5 Billion Loss

StreetInsider.com – Connecticut State Treasurer Denise Nappier is moving forward with a plan to invest in hedge funds after losing $5 billion of pension assets this year. Nappier will begin allocating up to 8% of the $20 billion she oversees […]

GSA eyes $1 bln limit for Alpha Capture hedge fund

Reuters- Hedge fund firm GSA Capital plans to raise a further $200-$300 million for its new Alpha Capture fund, which aims to use top stock ideas from investment banks for its trades, the company told Reuters. Alpha Capture, which was […]

Borges named chairman of hedge fund rules board

Reuters- Antonio Borges, a former senior banker at Goldman Sachs, has been appointed chairman of the Hedge Fund Standards Board (HFSB), the custodian of the voluntary standards scheme devised by leading members of the sector. Borges, vice chairman of Goldman […]

Council Gets Set To Press a Tax on Hedge Funds

New York Sun- A majority of the City Council is backing a tax-the-rich plan that would require hedge fund and private equity fund partners to pay a city tax on income generated by investments, making it more likely to gain […]