Friday, 27 November 2015
Last updated 6 min ago
Jun 15 2007 | 10:43am ET
The $3.4 billion Detroit General Retirement System has allocated a total of $30 million to three hedge fund managers. The system awarded Guidance Capital, Entrust Capital and RLJ Asset Management $10 million each.
The three new mandates give Detroit more exposure to debt (Guidance), equities (Entrust) and other hedge funds (RLJ). The system currently has 5% of its assets in alternative investments.
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…