Sunday, 29 November 2015
Last updated 1 day ago
Dec 19 2013 | 2:34am ET
A major South Korean pension fund is set to dip its toes into offshore hedge funds.
The Government Employees Pension Service has engaged Towers Watson to assist in finding foreign private-equity and hedge-fund managers, Asian Investor reports. GEPS, which has US$4.75 billion in assets, has never invested in global hedge funds.
The pension may also boost its allocation to global private-equity investments.
"There has been an increase in the work we've done in the offshore alternative investment sphere, but our relationship with clients are not restricted to just this aspect," Jayne Bok, Asia head of sovereign advisory, told AI.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…