Fairfield, Conn., Hires 'Conservative' Diversified Global

Jul 24 2012 | 11:14am ET

A Connecticut town has entrusted about 5% of its assets to a "conservative" fund of hedge funds.

The Fairfield Joint Retirement Investment Board awarded the $15 million mandate to Diversified Global Asset Management. The firm beat out Blackstone Alternative Asset Management and Lighthouse Investment Partners for the "conservative absolute-return mandate," Pensions & Investments reports.

Callan Associates, the $292 million pension's consultant, assisted with the search.


In Depth

Firm Focus: Sustainable Insight Capital Bullish On ESG

Aug 12 2014 | 9:18am ET

Bruce Kahn spent over 15 years as a research scientist/consultant on environmental...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note