CCEA






Malloy Defends $35 Million to Hedge Fund as Investment

The CT Mirror– AQR Capital Management of Greenwich not only oversees one of the world’s largest hedge funds, but it is known as an industry leader in using computers and algorithmic models to plot trades. The administration of Gov. Dannel P. Malloy sees AQR as a good investment for the state, even if it acknowledges state aid for a hedge fund manager never will be good politics.




Implementing the Child Care Development Block Grant Act of 2014: Perspectives of Stakeholders

U.S. Senate Committee on Health, Education Labor & Pensions – The economic impact of investing in child care cannot be underestimated, noted Connecticut Office of Early Childhood Commissioner Dr. Myra Jones-Taylor at a recent committee hearing. Taylor referenced a study by the Connecticut Center for Economic Analysis, which found that in the city of New Haven, Conn. there was a $9.4 million macroeconomic increase and a $17 million/year tax increase when you invest in child care programs and have them stay open, stay stable, and have quality.



Amid Budget Headwinds, CT’s Bioscience Gains Solidify

Hartford Business Journal – They are three of the most tangible milestones in the ongoing evolution of Connecticut’s bioscience ecosystem:

In Farmington, Maine bio-research firm Jackson Laboratory’s state-funded outpost on the UConn Health campus hired ahead of schedule the 200 highly-paid workers to which it promised in return for millions in state assistance. Now, Jackson Lab is laying plans to hire its next 100 workers, and to erect a second building to house many of them.