Thursday, 29 January 2015
Last updated 13 hours ago
Jul 3 2013 | 2:30am ET
West Virginia’s main public pension fund has awarded a $40 million mandate to a catastrophe reinsurance hedge fund.
The $13.2 billion West Virginia Investment Management Board picked Elementum Advisors, according to its May financial statement. West Virginia’s investment with the firm began on May 1.
West Virginia invests more than 10% of its assets in hedge funds.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…