State of New Jersey Views Private Markets Allocation As Return Enhancer | Jared Speicher, Head of Private Equity & Private Credit | Q&A
Jared Speicher is the head of private equity and private credit for the $75+ billion pension plan for the State of New Jersey. In this interview, he discussed how their increased allocation to private markets is a performance enhancer, how investors can benefit from riding out short-term market volatility, and the importance of risk-mitigating strategies to help preserve capital during market drawdowns.
NJ Rail Nightmare: A Sign of a Crisis to Come
The federal government’s failure to invest in the country’s infrastructure has become such a significant concern to professional planners that both national and international organizations regularly ...
Trump and Kushner families Are Coming Together for Another Union--This Time a Deal, Not a Marriage
Donald Trump's Trump Organization and a partnership of Kushner Cos. and KABR Group of New Jersey are planning a 447-unit rental apartment building in Jersey City that will be named Trump Bay Street, according to people involved in the project.
Underwater NJ homeowners find unlikely foreclosure saviors: Hedge funds
Louis Ragusa, who hasn't paid his mortgage in two years, says he now has a chance to save his Blackwood, New Jersey, home from foreclosure after a hedge fund bought the loan....
DC Based Hedge Fund Acquires Stake in New Jersey Based Holding Companyd
According to a recent regulatory filing, Emanuel J. "Manny" Friedman and the Arlington, Va.-based hedge fund management company he founded, EJF Capital LLC, have along with two related entities acqui...
INTECH Expands Client-Services Team With Client Portfolio Manager - Tampa Bay Business Journal
(INTECH) today announced that it expanded its client-services team naming Richard Yasenchak, CFA, CFP, to the newly created position of client portfolio manager.
NJ lawmakers fiddle as double
As the New Jersey Legislature scrambles to pass laws as its session ends, lawmakers are ignoring a double-dipping dilemma that costs state pension funds and taxpayers hundreds of millions of dollars....
New Jersey Commits $300M to Two CRE Funds
The states investment division has committed $200 million to Northwood s real estate fund and $100 million to Hammes healthcare real estate fund....
New Jersey Council Names Interim Deputy
The New Jersey State Investment Council (SIC) decided Thursday to appoint a second in command for current Division of Investment Acting Director Chris McDonough...
With CIO Role Open, New Jersey Pension Looks to Upgrade Pay Structure
Tim Walsh’s departure as head of New Jersey’s $74 billion retirement system opens one of the nation’s most powerful institutional investment positions...