Thursday, 23 October 2014
Last updated 2 min ago
Jan 11 2013 | 11:33am ET
The Texas County & District Retirement System has invested $400 million with BlueCrest Capital Management and Brevan Howard Asset Management.
The $17.6 billion pension awarded each firm $200 million, to be invested in their respective credit strategies. The investments were made on Jan. 1, Pensions & Investments reports.
London-based BlueCrest is new to TCDRS. The pension already invests in Brevan Howard's flagship global macro fund, although the new allocation to its Credit Catalysts Fund exceeds the $120 million previously allocated to the flagship.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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