Sunday, 26 October 2014
Last updated 1 day ago
Feb 10 2006 | 10:32pm ET
The $666 million Worcester (Mass.) Retirement System has hired hedge fund-of-funds managers The Blackstone Group and Aetos Capital to handle $10 million each. The other finalists were Ironwood Capital Management and Entrust Capital.
Also, James DelSignore, chairman, said the plan has cooled slightly on an investment into portable alpha because of current market conditions. The plan has been discussing the strategy with its consultant, Meketa Group, and recently received permission from the state's pension regulator to make an investment.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.