Friday, 26 December 2014
Last updated 2 days ago
Jul 22 2010 | 12:45pm ET
Philadelphia’s city pension plan is looking for as many as a dozen hedge fund managers to fill up to $140 million in mandates.
The City of Philadelphia Municipal Pension is seeking single-manager funds across an array of strategies for a series of $10 million to $15 million mandates, HFMWeek reports. The pension also hopes to hire a hedge fund officer for its investment team.
The Philadelphia Board of Pensions and Retirement recently increased the $3.5 billion fund’s hedge fund allocation to 10%, from 6%.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.