Thursday, 18 December 2014
Last updated 14 hours ago
Oct 15 2010 | 12:36pm ET
The Los Angeles County Employees’ Retirement Association is readying a search for its first fund of hedge funds manager.
The $35 billion public pension will issue a request for information within the next several months, Pensions & Investments reports. The plan’s board is still working on the minimum qualifications for the mandate, which will be for between $300 million and $350 million.
Lisa Mazzocco, LACERA’s chief investment officer, said the pension would fund the new fund of funds allocation from its equities portfolio.
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.