Friday, 27 November 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.
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…