Alts. In Question In Florida

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.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    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…