Thursday, 2 April 2015
Last updated 10 hours ago
Jun 29 2011 | 4:06am ET
The Los Angeles County Employees' Retirement System has named Grosvenor Capital Management its first fund of hedge funds manager.
Grosvenor will manage a $250 million customized fund of funds portfolio for the $38.9 billion public pension plan, Pensions & Investments reports. The decision came at LACERA's June 8 meeting.
LACERA issued a request for information from fund of funds managers in January.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…