Saturday, 23 August 2014
Last updated 13 hours ago
Nov 7 2011 | 11:51am ET
The California State Teachers' Retirement System has awarded a $200 million mandate to hedge fund Blue Harbour Group.
Greenwich, Conn.-based Blue Harbour specializes in activist investing, working collaboratively with managements and boards to identify initiatives to create and unlock shareholder value. The mandate comes from the $139.2 billion public pension's corporate governance portfolio.
In addition to hiring Blue Harbour, CalSTRS has laid the groundwork for another alternative investments appointment. The pension plans to issue a request for proposals for a private equity consultant, Pensions & Investments reports. The RFP will be posted on CalSTRS' web site and responses will be due next month.
Pension Consulting Alliance's contract with CalSTRS expires in June; the firm will be permitted to rebid.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note