Sunday, 24 May 2015
Last updated 1 day 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.
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…