Friday, 27 November 2015
Last updated 4 hours ago
Jun 22 2012 | 11:38am ET
Colorado's first responders have committed another $30 million to another hedge fund.
The latest beneficiary of the $3.3 billion Colorado Fire & Police Pension Association's $300 million hedge fund program is Pershing Square Capital Management. The New York-based hedge fund fills the pension's activist mandate, although CEO Dan Slack told Pensions & Investments, "It's possible we could look for another activist hedge fund."
Pershing Square is the fifth hedge fund hired by the public pension this year; all told, the five have received about $160 million. Slack said that Colorado Pistol & Hose has filled its event-driven mandate, but could still add long/short hedge funds.
Consultant Albourne Partners assisted with the Pershing Square hire.
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…