Saturday, 25 April 2015
Last updated 1 day ago
Mar 29 2012 | 9:34am ET
New Jersey's public pension funds are losing one of the architects of their alternative investments strategy.
Christine Pastore will leave the New Jersey State Investment Council tomorrow. In seven years at the $70.5 billion system, Pastore, co-head of alternative investments, oversaw the construction of the now $17 billion portfolio, which also has $20 billion in commitments. Pastore informed the council she'd resign in January.
Pastore told Pensions & Investments that she expects Jason MacDonald, head of alternative credit, to become senior portfolio manager of private markets.
"I've decided to take some time off and figure out what's next," Pastore told P&I.
"I've been running like a bull for seven years."
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…