Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.
Sunday, 4 December 2016
Last updated 1 day ago
May 4 2011 | 11:06am ET
The Arizona Public Safety Personnel Retirement System is set to consider investing more than $200 million in four hedge funds.
The $6.1 billion public pension plan's board of trustees will consider a possible $60 million investment with Goldman Sachs Asset Management and $50 million with New York-based Gracie Capital, HFMWeek reports. PSPRS is already mulling $100 million in commitments to Oaktree Capital Management and EJF Asset Management.
The system's investment committee added GSAM and Gracie to the board's plate at its meeting last month. PSPRS currently has 2.5% of its assets invested in absolute return funds, below its 4% target.