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

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

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

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of