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

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs 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…

Editor's Note