New Jersey tracks fund placement agents
Mon Jul 6, 2009
The New Jersey Division of Investment in
Trenton found that 20% of funds in its alternative investment
programme reported using a placement agent.
Private equity funds, hedge funds and real estate funds were
surveyed. The only hedge fund to use a placement agent was
Knight Vinke, which made a presentation to the State Investment
Council in March 2008 and won a $100 million mandate in June
ISSN: 2151-1845 / CDC10004H
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