Friday, 31 October 2014
Last updated 2 hours ago
May 14 2007 | 10:57am ET
The $11 billion Public Employees Retirement Association of New Mexico’s investment committee has recommended an $85 million allocation to a set of hedge funds and a private equity fund.
According to minutes from the committee’s May 8 meeting, a $32 million allocation was recommended to York Capital Management Share Class C and $25 million to Glenview Institutional Partners. Both mandates are being funded from the system’s fixed-income portfolio.
In addition, the committee recommended a $30 million allocation made to Carlyle Partners V, a p.e. partnership focused on large buyouts, which will be funded from the system’s equities portfolio.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.