Wednesday, 29 July 2015
Last updated 11 hours ago
Apr 28 2006 | 3:15pm ET
It looks that a Senate bill that would allow Florida's public safety pension plans to invest in alternatives will not be passed, according to Kent Olson, executive director of the Orlando Pension Funds.
Olson told sister publication FINdaily on April 21 that the bill, lead by John Keane, executive director of the Jacksonville Police & Fire Pension Plan, "seems unlikely based on the report I got this morning."
Keane, reached for comment, said "we have experienced some difficulties but we are continuing to press on with it." He added that he is "highly optimistic" that the bill will be approved. The legislative session is expected to conclude at the end of this month.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…