Tuesday, 31 March 2015
Last updated 52 sec ago
Mar 27 2007 | 11:43am ET
The $32 billion Pennsylvania State Employees' Retirement System today issued a request for proposal for alternative investment consultants.
SERS’ alternative investment program consists of limited partnership interests in private equity investments such as leveraged buyouts, venture capital, distressed, fund-of-funds and secondary investments.
SERS’ current alternative investment allocation is 13.2% with a target allocation of 14%, and its current alternative investment contract with Cambridge Associates will expire on April 30, 2008.
The RFP is available for review and download from the Pennsylvania Department of General Services Web site. The deadline for The RFP is May 4.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…