Texas Pension Picks BlueCrest, Brevan For Credit

Jan 11 2013 | 12:33pm 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.


In Depth

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Cash: An Asset In Adolescence

Aug 31 2017 | 3:34pm ET

If the investment industry has a rebellious teenager in the house today, that teenager...

 

From the current issue of