Mar 15 2007 | 11:31am ET
The California Public Employees’ Retirement System again enjoyed double-digit returns last year, and it has private equity to thank.
The largest pension fund in the U.S. earned 15.4% in 2006 before fees. Its alternative investment management program, which houses its private equity and venture capital investments, was a big part of it, returning 20.9% last year.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…