Wednesday, 1 April 2015
Last updated 2 hours ago
May 30 2013 | 10:46am ET
The Chicago Transit Authority Retirement Plan is on the lookout for a global macro hedge fund manager—or managers.
The $1.7 billion pension posted a request for information this week on its Web site. Interested candidates have until June 14 to send in a proposal; finalists will be notified on July 12.
The pension aims to issue a mandate or mandates totaling $5 million to $10 million.
Gray & Co., the plan's investment consultant, is assisting with the search.
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…