Saturday, 25 April 2015
Last updated 15 hours ago
Oct 1 2012 | 6:38am ET
Ohio's civil servants have entrusted $170 million to a pair of hedge funds, boosting their pension's total exposure to the space above 3% of assets.
The Ohio Public Employees Retirement System committed $120 million to Graham Capital Management's Global Investment Fund-Discretionary 6V, a global macro vehicle, and $50 million to Scopia Capital's PX long/short equity fund. The pension was assisted in the searches by hedge fund consultant Cliffwater, Pensions & Investment reports.
The new commitments bring the $76.4 billion pension's direct hedge-fund portfolio to $2.35 billion.
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…