Among the stories we published this week was news that New York City Comptroller Scott M. Stringer plans to invest an additional $1 billion with emerging managers interested in doing business with New York City's five pension funds.
About halfway down, our story points out that, subject to appropriate due diligence, a newly appointed manager will be an inaugural "emerging manager" committed to investing in hedge funds.
It's been quite a week, on our site at least, for this particular investment class. Last Friday we posted a blog from financial author Rich White called "5 ways to help clients navigate liquid alternatives." The story pointed out that leading hedge fund managers are considering the merits of expanding by launching registered funds.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
