The Pacific Alternative Asset Management Company (Paamco) has been at the forefront of one of the defining financial stories of the past decade: the rise of institutional investment in hedge funds.
The California-based fund of funds manager was founded in the aftermath of the dotcom crash which marked the onset of a prolonged bear market in equities. It may not have seemed like it then, but the timing was fortuitous.
The stock market collapse decimated the funding levels of defined benefit pension
The week on Risk.net, December 2–8, 2017Receive this by email