Saturday, 28 March 2015
Last updated 1 day ago
Jun 17 2010 | 11:15am ET
When it comes to searching for an emerging fund of hedge funds manager, the Chicago Public School Teachers’ Pension and Retirement Fund is getting very specific.
The firm has issued a request for proposals for a $25 million fund of funds mandate, hoping to add a roster of smaller hedge funds to its portfolio—it wants an emerging fund of hedge funds manager. It also wants that manager to manage less than $10 billion, and to be owned by a minority, woman or disabled person.
Managers who meet those standards have until June 25 to apply; the RFP is available on the $9 billion pension’s Web site.
The pension’s board, with the help of consultant Mercer, aims to choose a manager by Sept. 30.
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…