Institutional

A federal judge earlier this month tossed the $7 billion pension’s suit against the Greenwich, Conn.-based hedge fund, founder Nicholas Maounis and three of its managers.

Hedge funds may be salivating at the opportunity to snatch top talent from banks if the Volcker rule becomes law, but they may have a poaching problem of their own.

The Missouri State Employees’ Retirement System has invested $160 million in alternative investment funds.

New Jersey’s public pension manager is looking to hedge funds and other alternative investments to help it fill the growing gap between its assets and its promises.

A federal judge dismissed the San Diego County Employees Retirement Association’s three-year-old suit on Monday.

The bank, which collapsed in September 2008, filed its initial reorganization plan on Monday.

The British pension protection agency is to make its first foray into hedge and private equity funds, and in a big way.

A group of British pension funds has poured US$340 million into a catastrophe reinsurance hedge fund.

Having reached the legal limit of 40% in stocks—due to the 53% jump in Colombia’s IGBC Index—the country’s second largest pension fund is planning a big push into private equity.

JPMorgan Chase remains the largest hedge fund manager in the world, according to Pensions & Investments.

The firm managed a total of $53.5 billion at the end of last year. That’s 18.9% more than it managed at the end of 2007, the last time the P&I rankings of hedge funds with at least $20 billion in assets came out. Bridgewater Associates also held its own, retaining second place with $43.6 billion, 21% more than two years ago. Paulson & Co. leapt from eighth to third, as its assets rose 10%.