Friday, 30 January 2015
Last updated 8 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…