Tuesday, 24 November 2015
Last updated 4 min ago
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.
The plan was scheduled to meet with consultant Paul Yett of Hamilton Lane Advisors to approve the 2006 strategic plan today, after FINalternatives went to press.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…