Thursday, 26 March 2015
Last updated 58 min 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.
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…