Orange County Votes For Four Event-Driven Hedge Funds

Oct 31 2012 | 11:08am ET

A Southern California public pension fund has formally hired four event-driven hedge fund managers.

The Orange County Employees Retirement System voted last week to award between $26 million and $51 million each to Archer Capital Management, Beach Point Capital Management, Perry Capital Management and Venor Capital Management, Pensions & Investments reports. Exactly how much each firm will get has yet to be determined, but the amount will be fixed by the $10 billion pension's staff and its hedge fund consultant, Aksia.

OCERS heard presentations from the four hedge funds, previously recommended by its staff and board, on Friday.

OCERS also last week made $100 million in commitments to a pair of energy private equity funds, P&I reports, EIG Global Energy Partners' Energy Fund XVI and EnerVest's fund XIII. And it revealed its shortlist for its multi-strategy credit manager, which includes Brigade Capital Management, CQS, Mariner Investment, MKP Capital Management and Tricadia Capital Management.


In Depth

Q&A: Neil Azous Talks Global Macro Investing

Nov 24 2014 | 12:41pm ET

Neil Azous is the founder and managing member of Rareview Macro, an advisory firm...

Lifestyle

Griffin Selling Chicago Apartment

Nov 26 2014 | 11:40am ET

Citadel Investment Group’s Kenneth Griffin is making clear to his estranged wife...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.