Sunday, 29 November 2015
Last updated 1 day ago
Apr 19 2010 | 4:51am ET
The Ohio School Employees Retirement System will boost its direct hedge fund investments by 50%, enriching its current managers by almost $300 million.
The $9.5 billion public pension plans to increase the size of its direct hedge fund investing program to 9% from 6%, Pensions & Investments reports. Most, if not all, of the new money will go to the more than 30 hedge funds already in the system’s employ, among them Bridgewater Associates, King Street Capital and Viking Global Investments.
But OSERS, which last month boosted its hard-cap target for hedge funds to 15% of assets, will consider adding new managers to its stable. The system’s consultant, Askia, is assisting in the new investment plan.
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…