Friday, 27 March 2015
Last updated 1 hour 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.
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…