Thursday, 26 March 2015
Last updated 1 hour 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 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…