Friday, 9 October 2015
Last updated 14 hours 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 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…