Wednesday, 17 September 2014
Last updated 15 hours ago
Oct 11 2013 | 10:37am ET
The California Public Employees' Retirement System is in the market for a managed accounts platform.
The public pension, the largest in the U.S., plans to issue a request for proposals for a platform provider, Pensions & Investments reports. The platform will be used as part of CalPERS' $5.2 billion hedge fund portfolio.
That portfolio is undergoing some big changes, including the elimination of its fund of hedge funds allocation in favor of direct hedge fund investments. In addition, CalPERS plans to add event-driven and quantitative equity-market neutral allocations, and a 6% allocation to discretionary global macro.
Those changes must still be approved by CalPERS' board.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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