Monday, 30 November 2015
Last updated 4 hours ago
Jun 14 2011 | 2:01am ET
The San Diego County Employees Retirement Association is poised to add a prominent commodities hedge fund to its real assets portfolio.
The $8 billion public pension's investment staff has recommended a $50 million investment with RK Capital Management, which runs the Red Kite family of metals hedge funds. Specifically, SDCERA would invest in Red Kite's Mine Finance Fund, HFMWeek reports.
That fund, launched three years ago, returned 19.3% last year.
RK was founded in 2004 and is one of the world's leading metals-focused hedge funds.
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…