Wednesday, 1 April 2015
Last updated 38 min ago
May 3 2013 | 9:37am ET
The Indiana Public Retirement Systems spent $365 million on new hedge funds over the past two months.
The $27.1 billion public pension announced four new hedge fund allocations at its April 26 meeting, Pensions & Investments reports. On March 1, it invested $100 million each with Emerging Sovereign Group and MKP Capital Management, and $65 million with Oxford Asset Management. A month later, it handed $100 million to Kepos Capital.
The money went to Emerging Sovereign's long/short emerging markets stock fund, Kepos' Macro Fund, MKP's long/short structured credit fund and Oxford's quantitative equity market-neutral fund.
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…