Monday, 27 April 2015
Last updated 3 hours ago
Mar 8 2010 | 4:05am ET
The Windy City’s finest are going global. The Chicago Policemen’s Annuity & Benefit Fund plans to allocate about $150 million to a global macro hedge fund manager.
The $3 billion pension will issue a request for proposals next month. In the interim, it and consultant Ennis Knupp will determine whether to select a single-manager fund or a fund of hedge funds, Pensions & Investments reports.
The Chicago pension plans to allocate 5% of its assets to the global macro mandate. It will be funded by a reduction in the plan’s domestic equity portfolio.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…