Hedge fund carried interest singled out by Biden Administration

To help finance the $1.8 trillion American Families Plan, President Biden is proposing to eliminate carried interest for hedge funds [Read More]
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New York State Teachers Retirement System allocates $200M to HIG Capital and $100M to Comvest Credit

In the agenda and information packet for its April 28 investment committee meeting, it was disclosed that the New York [Read More]
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Wyoming State Loan and Investment Board increases hedge fund target to 9.5%

At the recommendation of RV Kuhns & Associates, Wyoming State Loan and Investment Board, which oversees $22.78 billion in state [Read More]
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Banks have lost more than $10B from Archegos fallout

Bank losses from the collapse of Bill Hwang’s Archegos Capital have exceeded $10 billion. Nomura disclosed today that it took [Read More]
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Kamensky seeks probation and community service in Neiman Marcus case

Daniel Kamensky, who is facing up to 18 months in prison as part of his agreement with prosecutors in February [Read More]
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