Thursday, 2 April 2015
Last updated 13 hours ago
Feb 9 2012 | 3:51am ET
A $12.7 billion Louisiana pension is set to take the next step towards its first hedge fund investment.
The state's Teachers' Retirement System will begin a search for a hedge fund consultant next month, Pensions & Investments reports. The move follows the system's decision to allocate 2% to hedge funds last year.
TRS' board is expected to approve the request for proposals on March 6. The hired consultant will be entrusted with the decision of whether the system should employ funds of hedge funds or direct investments in the space.
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…