Saturday, 25 October 2014
Last updated 16 hours ago
Jun 5 2012 | 10:20am ET
The Lousiana State Employees' Retirement System has hired a pair of funds of hedge funds to managed a total of $300 million.
Prisma Capital Partners will run $200 million of the $9.3 billion public pension fund's money in a customized portfolio. EnTrust Capital will put $100 million into a special opportunities strategy.
Both allocations will go into separate accounts.
Prisma and EnTrust beat out Blackstone Alternative Asset Management and Permal Group to win the mandates, Pensions & Investments reports.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.