Sunday, 3 May 2015
Last updated 1 day ago
Jul 30 2012 | 11:45am ET
The Arizona Public Safety Personnel Retirement System has committed as much as $100 million to a trio of alternative investment firms.
The bulk of the money went to former FrontPoint Partners' star manager Stephen Czech's Czech Asset Management. The $6.6 billion public pension fund committed up to $70 million to the firm's SJC Onshore Direct Lending Fund II, spun off from FrontPoint earlier this year.
The pension also committed up to $20 million to Avalon Ventures' Fund X and $10 million to Iron Point Real Estate's second fund.
NEPC assisted with the search for Czech, while private equity consultant StepStone Group and real-estate consultant ORG Portfolio Management worked on the Avalon and Iron Point commitments.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…