Monday, 1 September 2014
Last updated 3 days ago
Mar 15 2011 | 2:45am ET
Hedge fund adviser Aksia has received a temporary reprieve from the Ohio School Employees Retirement System.
The $9 billion pension has extended the firm's contract through at least the end of the year; it had been up for renewal on Aug. 15. Instead, Aksia will continue to serve as its hedge fund consultant until it conducts contract review requirements next year, a process which Aksia will be permitted to take part in.
SERS said it decided to postpone the hedge fund consultancy review until after it completes its general consultancy review; the pension's current general consultant is Summit Strategies.
"We didn't want to do these two searches at the same time," spokesman Tim Barbour told HFMWeek.
SERS allocates 15% of its assets to hedge funds.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...