Arizona Pension Commits $60 Million To Southpoint

Jul 11 2012 | 12:28pm ET

The Arizona Public Safety Personnel Retirement System has added a Southpoint Capital Advisors hedge fund to its portfolio.

The $6.5 billion public pension fund committed up to $60 million to the Southpoint Qualified Fund, Pensions & Investments reports. The move is part of APSRS' push to add more actively-managed investment strategies, and is funded from the pension's investment in a State Street Global Advisors passive domestic equity portfolio.

Southpoint Qualified is a long/short equity strategy.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of