Friday, 27 March 2015
Last updated 3 hours ago
Jun 16 2006 | 9:56pm ET
The Norfolk (Va.) Employees Retirement System will discuss a potential investment in hedge funds and funds-of-hedge funds at its board meeting this month, however the discussion "doesn't look promising," according to a source close to the plan.
Kamal Khanna, cio of the $786 million plan, declined to comment, but in January he had said that the plan was beginning an education into alternatives. The plan's consultant is Summit Strategies Group.
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…