Friday, 24 April 2015
Last updated 3 hours 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.
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…