Thursday, 25 December 2014
Last updated 1 day ago
Mar 2 2010 | 3:18am ET
The Indiana Public Employees’ Retirement Fund is pouring $300 million into hedge funds.
The public pension fund’s board has made allocations to three hedge funds, IM Weekly reports.
The biggest beneficiary of the Hoosier state’s largesse is Prima Capital Advisors, whose Mortgage Investment Trust is to receive $150 million.
PERF allocated another $100 million to PIMCO’s PAAMCO II Fund. Level Global Investors is to receive $50 million.
With approximately $14.2 billion in assets under management at calendar year-end 2009, the Indiana Public Employees’ Retirement Fund is among the largest 100 pension funds in the United States.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.