Sunday, 29 March 2015
Last updated 1 day ago
Jan 17 2013 | 7:46am ET
The California State Teachers' Retirement System has made MKP Capital Management its third global macro hedge fund manager.
As with its earlier hires, Alphadyne Asset Management and Bridgewater Associates, the $154.3 billion pension fund handed $50 million to MKP. The allocation was made in the fourth quarter, Pensions & Investments reports.
CalSTRS plans to hire a fourth global macro manager to complete its $200 million program for the strategy. Bridgewater was hired in December 2011 and Alphadyne in June.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…