Thursday, 2 April 2015
Last updated 10 hours ago
Jun 12 2007 | 3:37pm ET
The Public Employees Retirement Association of New Mexico is committing a total of $95 million to three hedge and private equity funds, according to minutes from today’s investment committee meeting.
The $11 billion system is making an allocation of $35 million allocation to Mariner Partners, a fixed-income arbitrage hedge fund, to be funded from its fixed-income portfolio. The system is also committing $30 million to Kelso Investment Associates VIII, a p.e. fund focused on buyouts of medium-sized companies, to be funded from its equities portfolio. Also, a $30 million allocation was made to JMI Equity Fund VI, a venture capital fund focused on later stage companies, to be funded from its equities portfolio.
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…