Friday, 27 March 2015
Last updated 2 hours ago
Apr 25 2007 | 11:11am ET
The $39.7 billion Teachers’ Retirement System of the State of Illinois is looking for more active management of its domestic equity investments and plans to do so in part by increasing its exposure to 130/30 strategies.
Under recommendations by the TRS board of trustees, the system plans to allocate 10% of its domestic equity portfolio to a 130/30 large-cap core strategy within the next two years.
Search criteria for a 130/30 manager will be posted on the TRS web site by May 31, according to spokeswoman Eva Goltermann.
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…