Saturday, 23 May 2015
Last updated 1 day ago
Sep 15 2011 | 3:36am ET
Connecticut’s main public pension manager has added $165 million to its alternative investments allocation.
The Connecticut Retirement Plans and Trust Funds is to allocate $65 million to private equity fund ArchLight Energy Partners V, HFMWeek reports. The $25.1 billion system, which manages money on behalf of six state pensions and eight state trust funds, will also boost its fund of hedge funds allocation by $100 million.
Two of the four funds of funds currently managing money for CRPTF will get an extra $50 million: Permal Asset Management and Prisma Capital Management. The two firms received initial allocations of $100 million each in February.
The new allocations bring CRPTF’s total fund of hedge funds investment to $500 million.
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…