Wednesday, 25 November 2015
Last updated 35 min ago
Jul 16 2010 | 5:57am ET
The Teachers’ Retirement System of the City of New York has hired private equity firm Hamilton Lane to serve as its consultant.
The Bala Cynwyd, Pa.-based firm takes over from PCG Asset Management, which remains the consultant for the Big Apple’s other four pension funds. It beat out two other firms, including Cliffwater, for the advisory mandate.
The $37 billion pension is reevaluating its private equity portfolio, Bloomberg News reports. The system currently has $2.5 billion invested in alternatives.
Hamilton Lane chairman Hartley Rogers worked with Lawrence Schloss, the Diamond Castle Holdings founder hired in January to help oversee the city pension funds.
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…