Empire State Says Excelsior To Alts. In October

Dec 27 2010 | 2:18am ET

Alternative investments firms were the beneficiaries of nearly all of the more than $300 million committed by New York's largest public pension system.

The New York State Common Retirement Fund made a total of $343 million in commitments in October, HedgeFund.net reports, citing the pension's latest monthly transaction report. The biggest chunk, $275 million, went to three long/short equity hedge funds.

Another $50 million went to an emerging manager fund of hedge funds, with $12.5 million entrusted to private equity firm Grey Mountain Capital Partners.

The New York pension, one of the country's largest, has more than $130 billion in assets.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note