Saturday, 28 November 2015
Last updated 1 day ago
Apr 26 2013 | 9:54am ET
The Milwaukee City Employees' Retirement System is preparing for its first foray into hedge funds.
The $4.2 billion public pension fund's new asset allocation plan includes hedge funds for the first time. Milwaukee aims to put 5% of its portfolio into hedge funds and absolute-return strategies, Pensions & Investments reports; whether it will use funds of funds and invest directly, and what strategies will be targeted, have yet to be determined.
Decisions on searches are expected to come this summer.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…