Monday, 25 May 2015
Last updated 2 days ago
Jun 7 2012 | 10:42am ET
Connecticut's $24.7 billion state pension fund is looking for an alternative investments consultant and fund of hedge funds manager.
The Connecticut Retirement Plans & Trust Funds will give up to $100 million to the fund of funds, which will be part of the pension's Connecticut Horizon Fund—meaning that interested firms should be Connecticut-based emerging firms or owned by women or minorities.
The winner will get a five-year contract, beginning in March at the latest.
Connecticut State Treasurer Denise Nappier told Pensions & Investments that the public plan is getting a head-start on the consultant search to ensure a smooth and uninterrupted period of service. Incumbent NEPC will be allowed to rebid; its current contract expires on May 31.
The requests for proposals are available on the State Treasurers' Web site and are due on June 27. Interviews are expected in August and decisions in September.
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…