Saturday, 26 July 2014
Last updated 12 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…