Friday, 27 November 2015
Last updated 1 day ago
Aug 8 2011 | 11:24am ET
The Illinois Teachers' Retirement System made commitments of up to $210 million to four alternative investment firms at its board of trustees meeting last week.
The $37.1 billion public pension fund committed $100 million to private equity firm Vista Equity Partners. Vista invests in technology and software companies.
TRS also committed $45 million to New York-based Siris Capital Group for investments in mid-sized North American companies, and up to $25 million to LiveOak Management Services. Austin, Texas-based LiveOak will receive an initial allocation of $10 million as part of Illinois' emerging managers program.
In addition, the pension's board approved a $50 million investment in hedge fund Carlson Capital.
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…