Saturday, 28 November 2015
Last updated 10 hours ago
Nov 28 2012 | 12:58am ET
Ohio's main public pension fund has invested $440 million in three hedge funds, all new to the system.
The $76.4 billion Ohio Public Employees Retirement System has hired Brigade Capital Management, KLS Diversified Asset Management and Saba Capital Partners. Brigade's Leveraged Capital Structures Fund and Saba each received $160 million, while KLS got $120 million, Pensions & Investments reports.
Cliffwater, OPERS' hedge fund consultant, assisted with the search, which increases the pension's direct hedge fund portfolio to more than $3.1 billion.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…