Rhode Island has redeemed $340M from hedge funds this year

Rhode Island General Treasurer Seth Magaziner disclosed that he is more than halfway toward his goal of redeeming $585 million [Read More]
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Seides: Global diversification hurt hedge fund returns more than fees in bet with  Warren Buffett

Ted Seides, former president and co-chief investment officer for Protégé Partners and current managing partner for Hidden Brook Investments, reflected [Read More]
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Puerto Rico restructuring triggered as showdown with hedge funds continues

Ricardo Rossello, Puerto Rico’s governor, disclosed today in a written statement that he has requested the oversight board trigger Title [Read More]
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Sightings…

  The Senate confirmed Jay Clayton as Securities and Exchange Commission chairman in a 61 to 37 vote yesterday. He [Read More]
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Goldman Sachs’ Petershill II takes stake in Accel-KKR

Goldman Sachs Asset Management’s Petershill II program took a passive minority stake in Menlo Park-based Accel-KKR, the $4.3 billion technology-focused [Read More]
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