Sunday, 5 July 2015
Last updated 1 day ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…