Wednesday, 1 April 2015
Last updated 9 hours ago
Mar 22 2011 | 11:58am ET
The Massachusetts Water Resources Authority Employees' Retirement System is on the lookout for a fund of hedge funds.
The $300 million pension has issued a request for proposals for a fund of funds; the selected manager would be given up to $12 million. Mass. Water has an existing hedge fund allocation, but did not provide any information on its size.
The pension is conducting the search with the help of consultant NEPC.
Proposals are due on April 8; the RFP is available on the Massachusetts Public Employee Retirement Administration Commission's website.
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…