Friday, 22 May 2015
Last updated 36 min ago
Feb 10 2006 | 10:28pm ET
The $40 billion Massachusetts Pension Reserves Investment Management Board will likely issue an RFP in April for portable alpha managers as a result of a new asset allocation. Mike Travaglini, executive director, said the board has approved a maiden investment into portable alpha of up to $2 billion. Funding for the portable alpha allocation will come from a portfolio rebalancing.
Separately, the board has issued an RFP for a hedge fund consultant. The contract of incumbent New England Pension Consultants expires in April, though the firm was asked to rebid.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…