Wednesday, 2 December 2015
Last updated 6 hours ago
Mar 24 2011 | 11:22am ET
The Orange County Retirement System has awarded an additional $10 million to a BlackRock fund of hedge funds as it continues a pair of other searches.
The $8.7 billion public pension fund now has $165 million invested with BlackRock, one of two funds of funds it uses. OCERS also invests in Bridgewater Associates.
Meanwhile, the system is moving forward with two new alternatives searches, one for another fund of funds manager and the other for one or more absolute return separate accounts, HFMWeek reports. Each search is expected to result in a $150 million mandate.
OCERS' consultant, Callan Associates, will whittle the pension's choices down to four candidates for each mandate.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…