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MFA appoints vice president and senior counsel

MFA appoints vice president and senior counsel
hedgeweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hedgeweek.com Daily Mail and Mail on Sunday newspapers.

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Illinois Teachers chalks up $1.3 billion in investments, commitments


Illinois Teachers chalks up $1.3 billion in investments, commitments
Print
Illinois Teachers Retirement System, Springfield, invested or committed a total of $1.3 billion to nine investment strategies and terminated four traditional investment firms managing $1.1 billion, news from virtual investment committee and full board meetings Thursday and Friday showed.
The largest commitment from the $57.6 billion pension fund was $400 million to private equity specialist
Adams Street Partners, a new manager for TRS.
The firm will evenly split the allocation between separately managed accounts that will invest in strategies managed by other private equity managers based in Europe and the Asia-Pacific region. TRS retains approval of Adams Street s recommended investments. ....

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The real force driving the GameStop revolution


The real force driving the GameStop revolution
Published 
article
GameStop store signage is seen on January 27, 2021 in New York City. Stock shares of videogame retailer GameStop Corp has increased 700% in the past two weeks due to amateur investors.
This was the week when a bunch of amateur traders made Wall Street s finest look like idiots.
From Jan. 25 through Jan. 29, a ragtag army of individuals sent shares in GameStop Corp. up 500%, and sent many others skyrocketing too. In three days, many of these stocks gained more than most do in a decade. The hedge funds on the other side of these bets lost billions. ....

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