Monday, 30 March 2015
Last updated 9 hours ago
Jun 27 2012 | 11:07am ET
The Ohio School Employees Retirement System has invested a combined $80 million in a private equity fund and a hedge fund.
The bigger chunk, $50 million, went to Warburg Pincus and its latest private equity fund, Warburg Pincus XI, Pensions & Investments reports. The investment is actually one-third less than the $75 million Ohio Schools invested in Warburg Pincus X.
The $10.5 billion pension also invested $30 million with Manatuck Hill Partners. The money will go into Connecticut-based Manatuck Hill's Mariner fund, a long/short equity offering.
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…