Monday, 22 December 2014
Last updated 2 hours ago
Jul 26 2010 | 11:53am ET
Prisma Capital Partners has won the first-ever fund of hedge funds mandate awarded by Denver’s public pension plan.
The Denver Employees Retirement Plan picked Prisma to manage $80 million, Pensions & Investments reports. Steven Hutt, the pension’s executive director, credited Prisma’s diversification, risk analysis and returns history for the selection.
Denver recently reallocated 5% of its $1.6 billion portfolio to funds of funds from core fixed-income. The allocation was funded by terminating three fixed-income managers.
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.