Friday, 9 October 2015
Last updated 8 hours ago
May 5 2011 | 11:16am ET
The Florida Retirement System has two new hedge funds in its portfolio.
The Florida State Board of Administration hired Highline Capital Management and Mason Capital Management, Pensions & Investments reports. The former received $150 million for its Partners QP long/short hedge fund and the latter $100 million for its eponymous event-driven strategy.
The allocations are part of a 6% allocation—2% each to absolute return, long/short equity and open mandate hedge funds—on the part of the $131.3 billion pension. Cambridge Associates, the FSBA's hedge fund consultant, assisted it on the searches.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…