Tuesday, 26 May 2015
Last updated 34 min ago
Apr 16 2013 | 12:34pm ET
The Los Angeles County Employees' Retirement Association has issued a request for information for a fund of hedge funds manager.
The $42 billion pension hopes to add to its 3% hedge fund target allocation with a customized, diversified hedge fund solution, Pensions & Investments reports. The mandate is for $250 million. Responses to the RFI, which is available on LACERA's Web site, are due April 25.
LACERA already has two funds of funds in its portfolio.
The pension last week also approved $200 million in new commitments to a pair of private equity fund. Insignia Capital Partners and Marlin Equity Partners will each get $100 million.
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…