Monday, 30 March 2015
Last updated 2 hours ago
Oct 7 2011 | 10:06am ET
New York's largest public pension fund has hired a Chicago private equity fund to run an emerging real estate mandate focused on women- and minority-owned firms.
Artemis Real Estate Partners has received a $300 million allocation. The firm, founded by billionaire Penny Pritzker, will manage an emerging manager of managers real estate separate account for the $146.9 billion New York State Common Retirement Fund. It is the first allocation in plan's new emerging managers real estate program.
"With the emerging manager program now in place across our asset classes, the fund has affirmed its status as an innovator in the field and show once again its commitment to enhancing diversity and opportunity while improving its bottom line," New York Comptroller Thomas DiNapoli said.
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…