La. Teachers To Pump $1.25 Billion Into Alts.

Feb 10 2006 | 9:43pm ET

The $12.7 billion Teachers Retirement System of Louisiana may put up to $1.25 billion back into its alternative investment program, with as much as half going to new managers.

Brendan Brosnan, investment manager, said the program returned $1.25 billion in cash in 2005 and "it's our intention to remain in that asset class and over time we will pump back all that money into the program." He expects half will go to existing managers and the other half to new managers.


In Depth

Fund Focus: Don’t Call K1T Capital A ‘Trend Follower’

Jul 10 2014 | 10:39am ET

You may call K1T Capital many things—systematic, quant-based, hedge fund—but...

Lifestyle

RenTech Founder Donation Establishes Quantitative Biology Institute

Jul 8 2014 | 5:19am ET

James Simons used math to make his fortune, and he’s dedicating some of it to...

Guest Contributor

As Hedge Funds Go Retail, Communications Is Key

Jul 2 2014 | 6:56am ET

The past two years have seen an explosion in the number of hedge fund managers rolling...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Service Providers


Publisher's Note