Sunday, 24 May 2015
Last updated 1 day ago
Apr 23 2010 | 11:29am ET
A British public pension fund is set to fulfill its 5% allocation to hedge funds, but new managers need not apply.
The West Yorkshire Pension Fund is poised to add £121 million to its fund of hedge funds portfolio. But the £12.1 billion plan is likely to hand the new money over to the six managers already in its stable, HFMWeek reports.
West Yorkshire currently employs Arden Asset Management, Aurum Funds, Green Way Arbitrage, Mesirow Advanced Strategies, Quellos Capital Management and Signet Capital Management to handle its now 4% allocation to the space.
The pension is also mulling a similar increase in its private equity allocation.
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…